This evidence suggests that stablecoins are not stable at the high-frequency intraday level and become more stable (compared with other assets) at the daily level . Furthermore, non-USD pegged stablecoins are more volatile and thus less stable than USD pegged stablecoins.
Read moreWhat’s the point of a stablecoin?
While predictable cryptocurrency may sound like an oxymoron, stablecoins – like their name suggests – were designed to counter crypto’s hallmark volatility and provide a convenient way for crypto traders to preserve their fiat value without having to cash out of the market and to allow users to pay for everyday goods …
Read moreWhich coins are stablecoins?
7 best stablecoins list:
Read moreWhat is the most secure stablecoin?
1) Tether (USDT) Tether is the largest and most well known stablecoin in the crypto market, with a total market cap of $77.5 billion USD ($107.9 billion AUD). Tether is available on 428 exchanges, making it the most widely-available stablecoin for investors to use.
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