Rickshaw
@feedsation
As stablecoin market capitalization grows, they provide a more stable store of value within the volatile crypto market. In times of extreme price swings in other cryptos, traders can park their funds in stablecoins. However, if a major stablecoin were to de-peg, it could cause panic and disrupt overall price stability, as seen in past de-pegging events that led to market sell-offs.
0 reply
0 recast
0 reaction