Why nobody trusts in stablecoins?
Let"s understand what is the reason for the mistrust of the crypto community to stable cryptocurrencies.
A stable cryptocurrency, or stablecoin, is a fixed-rate cryptocurrency. The majority of currencies are determined by the market: buyers and sellers exchange tokens, and the rate is formed by supply and demand. Stable cryptocurrencies, on the contrary, try to have a fixed rate.
The most famous stablecoins - Tether (USDT) and TrueUSD (TUSD). These coins are provided with fiat money, and the mechanism is fairly simple: a third party ...
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