You are viewing a single comment's thread from:
RE: STEEM DOLLAR Becomes Redundant as Haircut Hits 38%
Not sure on all the other stable coins. I do know that bitUSD on Bitshares had a Black Swan / Global Settlement that made a bit of a mess. I have resorted to a fiat backed stable coin for my reserves - specifically TrueUSD.
I do hate the idea of having counter-party risk on my stable coin and trusting a bank for my Crypto reserves....but desperate times call for desperate measures.
Regarding the bitshares black swan thing. Do you have a link where i can read more about that?
https://steemit.com/bitshares/@lukestokes/bitshares-global-settlement-and-chain-freeze
Thanks