Algorithmic Stablecoins, Like Their More "traditional" Counterparts, Are Supposed to ... - Latest Tweet by Bloomberg

Algorithmic stablecoins, like their more “traditional” counterparts, are supposed to provide calm in the chaos of crypto.

Instead, as investors in one such token are rapidly finding out, they can serve as lightning rods for volatility https://t.co/NApxQ2YWiH— Bloomberg (@business) May 11, 2022

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