These are the least 'stable' stablecoins not named TerraUSD
Cointelegraph
Published Jun 02, 2022 12:08PM ET
Updated Jun 02, 2022 01:40PM ET
The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs.
Stablecoin firms claim that each of their issued tokens is backed by real-world and/or crypto assets, so they behave as a vital component in the crypto market, providing traders with an alternative in which to park their cash between placing bets on volatile coins.
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Written By: Cointelegraph
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