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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: GabrielleGGG on May 29, 2019, 12:21:05 AM



Title: Fiat VS. Crypto, which is a more stable currency?
Post by: GabrielleGGG on May 29, 2019, 12:21:05 AM
If a stable coin does not have an 1:1 all-cash reserve, do you think this means it fails to keep its value on par with USD?

As the media questions whether Tether has enough USD reserve to support its value in the recent USDT/Bitfinex drama, I found a data analysis of fiat currencies pegged to USD and comparison to stable coins.

https://medium.com/sophonexchange/stable-currencies-fiat-vs-crypto-a2ab0a50e903?source=friends_link&sk=f34d3104f7c3ca7bbe91ae508f556e56