They have the same risks because they are not actually fiat or gold. They are not the real fiat or gold price but pegged.
Some people prefer to just hold stable coin like USDT, USDC for fiat or PAXG or XAUT for gold during bitcoin bear market, which one would you prefer?
The reason I asked this question is that I am holding stable coin gold this bear market and it is better than stable coin fiat.
Post your opinion.
When these coins have pegs with either fiat currencies or gold, they have risk of depeg. Many stablecoins don't have their pegs stable at all so stablecoins have risk for people who believe that storing their money in stablecoins is safe.
A research and report on stablecoin degegs.
Stable coins: a deep dive into valuation and depegging.
Stablecoins have risk of freeze even in your non-custodial wallets.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets.Stablecoins and Blacklists.
