For an asset often touted as reliable in a volatile cryptocurrency market, stablecoins have been remarkably unstable in the last week. First, there was the problem with Tether. The stablecoin, which is the second-most traded cryptocurrency after bitcoin and accounts for 98% of daily trading volume in stablecoins, crashed last weekend as investors, fearful of Tether’s stability after news reports questioned Bitfinex’s solvency emerged, began … Continue reading Tether’s Loss Last Week Meant Gains For Other Stablecoins