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RE: How Are Stablecoins Doing Under The Current Market Conditions? | A look at the top Stablecoins | Dec 2022

in LeoFinance2 years ago

Can something on this earth be really stable? Maybe not. There are rise and fall but the thing is being strong to rise when fall or better still having some weight to stand in the moment of strong winds,coins or tokens which survive during the time of the strongest blow , stands top to be addressed as stable coins. Tether is showing its capacity and the USDC and BUSD also stood strong I am happy with HBD .
#LeoFinance

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Can something on this earth be really stable?

Good question :)
NO.
Its just a naming convencion that is used in the crypto industry and that I use here. The more accurate naming for these coins will be USD-pegged coins, since they want to follow the valuenof USD, which by itself is not stable.

I am happy with HBD .

HBD FTW!

Yes , USD-pegged coins .

which by itself is not stable.

Very true.