HomeGuidesAltcoin BuzzSAFEST Stablecoin - USDT, BUSD, USDC, DAI, Frax or UST

SAFEST Stablecoin – USDT, BUSD, USDC, DAI, Frax or UST

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An attack on UST the day before the new Curve 4pool would start created an enormous chain reaction in the entire crypto market. More importantly, it led to a crisis of confidence in stablecoins, which are supposed to be the safe place we hold our crypto while deciding what to do next. In this video, we discuss the main ways stablecoins use to maintain their price stability pegs and what the risks are in all of the top 6 stablecoins in the market today.

⏱️ TIMESTAMPS
0:00 Terra LUNA Crypto Update
1:40 TerraUSD UST Disaster
6:14 Fiat Collateral
7:24 Commodity Collateral
8:57 Crypto Collateral
9:54 Algorithmic Stablecoins
11:20 What’s up with Stablecoins?
13:04 USDT, USDC, BUSD
14:42 DAI
16:17 Frax

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➖ MUSIC ➖
The Life and Death of a Certain K. Zabriskie, Patriarch by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Source: http://chriszabriskie.com/vendaface/
Artist: http://chriszabriskie.com/
chriszabriskie.com

➖ DISCLAIMER ➖
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#Terra #LUNA #USDT

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