The Problem with Stablecoins

Photo by DrawKit Illustrations on Unsplash

Stablecoins have been cryptocurrency's solution to exchanges needing to go through onerous regulations to comply with finance laws around transmitting fiat currencies like the US Dollar. Stablecoins are cryptocurrency tokens backed by fiat currencies — almost all of them pegged to USD. Because stablecoins are thus far unregulated, cryptocurrency exchanges have a…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Todd Kronenberg

Todd Kronenberg

2.2K Followers

Top Writer in Investing, Bitcoin, and Finance. American nomad, retired/entrepretrying, coder, crypto investor, dog owner, burgeoning human.