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The Daily Hodl 2022-05-16 22:01:35

Celsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal – Here’s Why

Celsius Network CEO Alex Mashinsky says that crypto market participants should be aware that not all stablecoins are built the same. Stablecoins are crypto assets designed to have a relatively stable value by being pegged to a commodity or currency like the US dollar. Following the collapse of Terra’s algorithmic stablecoin TerraUSD (UST), the head […]The post Celsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal – Here’s Why appeared first on The Daily Hodl.

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