The CoinFi Podcast: Conversations About Crypto Finance (Bitcoin, Ethereum, Blockchain, ICOs, Cryptocurrency)
CoinFi 011: Can USDT Maintain its Dominance Amidst All The Emerging Stablecoins?
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With the recent event happenings, the term ‘stablecoin’ doesn’t seem like a very fitting name for the assets they represent. With Tether’s recent event happenings, the USDT strayed away from the US dollar that backs it by a nearly 10% spread. Furthermore, there’s been a lot of interest and talks with the emergence of ERC20 stablecoins.
So what are stablecoins? In this episode, we discuss the different types of stablecoins, why stablecoins are important, and how the future landscape of stablecoins will look with the emergence of all these new stablecoins.