L1ght12 pfp
L1ght12
@l1ght12
The rise of decentralized finance (DeFi) has brought a surge in popularity to stablecoins, with many seeing them as a hedge against market volatility. But what's the real value proposition of these digital currencies? In simple terms, stablecoins are designed to maintain a stable value by pegging their value to a fiat currency like the US dollar or another asset. This makes them a safer bet for traders and investors, but at what cost?
0 reply
0 recast
0 reaction