DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the collapse of…
Read more