Stablecoins Are Not Worth the Risk

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In idea, stablecoins could possibly be used extensively for odd funds. However no stablecoins present indicators of performing at scale. Excessive charges, gradual processing speeds and different obstacles make them costly and inconvenient. Nor are they very secure. By some estimates, not less than two dozen stablecoins have failed since their introduction – some quietly, and others loudly like Terra, whose disintegration might have contributed to the demise of FTX.

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