Welcome to PYMNTS’ series on decentralized finance, or DeFi. In these articles, we’ll be looking at every part of DeFi — the biggest, hottest, most rewarding and risky part of the blockchain revolution. At the end of it, you’ll know what DeFi is, how it...
May 19, 2022
Barclays analyst Joe Abate says fully collateralized stablecoins might not be any different from algorithmic ones like the collapsed Terra UST coin in terms of risks, Bloomberg reported Thursday (May 19). He said there have been questions over the assets backing the Tether stablecoin, but the token might still crash even if it is collateralized. […]