TLDR
Stablecoins are one of the most relevant developments in the crypto ecosystem and one that has been increasingly getting traction. Fiat-Backed stablecoins are typically pegged to a fiat currency or other real world assets. Crypto-Collateralized stablecoins tend to over-collateralize in order to address market volatility. Some investors have bought fiat-backed stablecoins at drastically higher levels than its base price. Despite its increasing popularity, most stablecoin networks are not growing and, in some cases, they are shrinking as its revealed by IntoTheBlock’s Address analysis.via the TL;DR App
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Written by jrodthoughts | Chief Scientist, Managing Partner at Invector Labs. CTO at IntoTheBlock. Angel Investor, Writer, Boa
