Pain ahead for algorithmic and non-cash backed stablecoins — IMF director

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

Pain ahead for algorithmic and non-cash backed stablecoins — IMF director

IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.

Original source: Cointelegraph