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Monday, November 28, 2022
HomeMathematical stablecoins like TerraUSD have actually surged in popularity, however doubters state...

Mathematical stablecoins like TerraUSD have actually surged in popularity, however doubters state they are naturally dangerous as they aren’t backed by any kind of properties at all (Alexander Osipovich/Wall Street Journal).

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Alexander Osipovich / Wall Street Journal:

Algorithmic stablecoins like TerraUSD have surged in popularity, but critics say they are inherently risky as they aren’t backed by any assets at all  —  Algorithmic stablecoins that use financial engineering to link their value to the dollar have surged in popularity

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