Terra Protocol (LUNA) rallies 66% after DeFi and stablecoin launch
Cointelegraph
Published Dec 19, 2020 02:57PM ET
Updated Dec 19, 2020 04:40PM ET
Throughout 2020 a handful of new stablecoins launched and many analysts have suggested that stablecoin growth is the backbone of the crypto sector and partially responsible for the current Bitcoin rally.
For many traders, stablecoins provide a safe place to shelter during volatile periods in Bitcoin and altcoins but there are other ways to interact with these fiat-pegged assets.
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Written By: Cointelegraph
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