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Crypto’s “Safest Asset” Just Lost 99% of Its Value

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Stablecoins are becoming financial plumbing, but “stable” isn’t a safety guarantee. What matters is what backs the token and whether you can redeem it.

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Crypto’s “Safest Asset” Just Lost 99% of Its Value

Blockchain Reporter 1h ago

Crypto’s “Safest Asset” Just Lost 99% of Its Value

Stablecoins are becoming financial plumbing, but “stable” isn’t a safety guarantee. What matters is what backs the token and whether you can redeem it.