● Interesting Fact ●
Dollars held under stablecoins are not always real.
Stablecoins like USDT, USDC claim 100% reserves, but: often these reserves consist of corporate papers, bonds, rather than real dollars. This makes them vulnerable during liquidity crises, as seen during the brief "depegging" of USDT in 2022.
Do you hold any assets in stablecoins?
I am not a risk-taking person, so for me, it's some kind of stability, maybe confidence, but in reality, it's fear; I have regretted many times that I frequently held assets in stablecoins.
But often it saved me as well, so it’s two sides of the same coin.
What do you prefer more (though the difference is small) but still prefer $USDT or $USDC ?
By the way, the next post will be dedicated to stablecoins.