RE: Stablecoins: Way of Future

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Stablecoins: Way of Future

in cryptocurrency •  6 years ago  (edited)

Bitfinex is the exchange in collusion with Tether, not Binance. But yes, stablecoins are an important part of the ecosystem. How they keep their price stable is still a mystery that requires much more explanation. How would you attempt to peg a stable price to something?

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I changed from Binance to Bitfinex. Sorry )))

Cryptofinance, I answered your question by writing out an exploded post here - https://steemit.com/cryptocurrency/@andrew-golyanov/why-i-don-t-care-about-the-type-of-stablecoin-i-use