The Defiant

How Stable are Stablecoins? A Breakdown of the Options

Make Stablecoins Stable Again

By: Jack Dunham

After some of crypto’s largest stablecoins lost their peg to the dollar this weekend, many in the crypto world were left facing an important question – just how stable are stablecoins? And to answer this question, it’s worth revisiting the different options DeFi users have when it comes to what are usually, non-volatile assets.