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RE: Are Stablecoins Still Under Attack?

in LeoFinance3 years ago

Unfortunately, the algo stablecoins are open to attack. Many people see them quite risky and tiny FUD may become avalanche if it is spread over algo stables.

BUSD is fully backed by USD in bank account. Interestingly, the CEX stables are favored in this period ^^

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Interestingly, the CEX stables are favored in this period ^^

Super correct. Decentralized algo stables will have their day in the sun once again in due time.