Isn’t a pegged currency like a stablecoin only as stable as its peg?
Everything has risk. Think a gold-backed currency can’t suffer hyperinflation? Look at Spanish empire in the 1500s after the discovery of the new world. Precious metals have risk. Crypto has risk. Land has risk. Currency has risk. Stocks and bonds have risk. Success hinges on how well you evaluate risk.
Everything has risk. Think a gold-backed currency can’t suffer hyperinflation? Look at Spanish empire in the 1500s after the discovery of the new world. Precious metals have risk. Crypto has risk. Land has risk. Currency has risk. Stocks and bonds have risk. Success hinges on how well you evaluate risk.