alt Hacker NewsThey essentially are to me, because I don't know how to differentiate them. Before the collapse, I would not have been able to look at the ones which collapsed and the ones which didn't and predict the outcome.
They essentially are to me, because I don't know how to differentiate them. Before the collapse, I would not have been able to look at the ones which collapsed and the ones which didn't and predict the outcome.
USDC operates as a fiat-backed stablecoin and is fundamentally different [0] to an algorithmic stablecoin such as UST which was the one that collapsed in 2022.
[0] https://www.usdc.com/learn/fiat-backed-vs-algorithmic-stable...