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Fiat-Backed, Crypto-Backed, or Synthetic? The Main Stablecoin Designs, Compared

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Not every dollar-pegged token is “stable” for the same reason. Here’s how the three big stablecoin designs actually work — and where USDS… Continue reading on Investor’s Handbook »

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Fiat-Backed, Crypto-Backed, or Synthetic? The Main Stablecoin Designs, Compared

Medium DeFi Tag Jul 8, 14:46 UTC

Fiat-Backed, Crypto-Backed, or Synthetic? The Main Stablecoin Designs, Compared

Not every dollar-pegged token is “stable” for the same reason. Here’s how the three big stablecoin designs actually work — and where USDS…