When we talk about stablecoin, you must have heard of USDT, USDC, BUSD, which are the most popular ones. However, there are other stablecoins in the cryptocurrency market, such as DAI and UST. DAI is launched by MakerDAO, this stablecoin model requires cryptocurrency as pledge in the initial stage. UST, launched by Terra, is a US dollar algorithmic stablecoin. We will further discuss LUNA and UST with you in the next video, stay tuned!
Highlights of this episode:
-Crypto lending platform
-What is a stablecoin?
-Criticism of USDT
-Criticism of USDC
-Criticism of stablecoin
-What is DAI stablecoin?
-Algorithmic stablecoin
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