Re:Binance freezes withdrawals of stablecoin USDC as investo...
by Animats on Tuesday December 13, 2022 @03:38PM
(#33975382)
> I do think Tether is not fully backed and is likely to depeg some day.
Which is a good reason to get out. Stablecoins have only two stable points, 1 and 0. When they crash, they go all the way. Look at what happened with the stablecoins that already crashed.
Which is a good reason to get out. Stablecoins have only two stable points, 1 and 0. When they crash, they go all the way. Look at what happened with the stablecoins that already crashed.