DeFi

What happens if a stablecoin's price drops significantly below its intended value for a sustained period?

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The FT takes on the stablecoin boom https://archive.is/xaaJM

I thought this graf on risk was apt. I can doubt Tether Truthers while still finding them too risky to do business with

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Related https://warpcast.com/keccers.eth/0x99681f54