Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by polygamous_bat on Saturday May 14, 2022 @03:35PM
(#31381540)
Tether is the largest stablecoin in existence. If you are intent on arguing that the biggest example of your mentioned category is an exception, how do you propose the average person goes about find out what's an exception and what's following the norm?
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Re:Coffeezilla, a YouTuber Exposing Crypto Scams
by everfree on Saturday May 14, 2022 @04:24PM
(#31381966)
Picking any regulated, US-based stablecoin is a great start.
https://news.ycombinator.com/item?id=31381864
Tether is large because it got a head start on network effect before the proper regulatory frameworks were put into place, in the USA at least. There's a massive amount of momentum there even though their product is inferior.