Can you make money off stablecoins?

How do Stablecoins Make Money? Centralised stablecoins, like USDT (Tether) and USDC, make money through lending and investing , in a manner similar to traditional banks.18 Mar 2022

Can You Invest in Stablecoins? Stablecoins are used as a niche currency in the crypto world — and don’t make for great investments . They are better suited for digital transactions and converting digital assets to and from “real” money.2 Şub 2022

USDC is pegged 1:1 to the value of U.S. dollars, so its value doesn’t fluctuate like that of BTC or ETH . Grant Thornton attests to the reserves monthly, which means investors never have to worry about transparency either.

“I will describe ‘fail’ as a stablecoin permanently losing its peg. In the most severe case, the stablecoin becomes worthless . There are a variety of ways a stablecoin can fail. If Tether were to fail, at minimum the price of bitcoin, ether and all other crypto currencies would take a huge hit.