mate, every stable coin is sold on the basis of a promise - either that it's backed by "reserves", a term the crypto community actively lies about, conflating deposits with reserves, or that it's peg is algorithmically maintained. you're giving money to capitalists on their word that they're trustworthy enough to deserve sole and exclusive access to the money printer. it's only in finance that people can promise literally no value yet invent capital out of thin air. stable coins are a scam. the only ones who profit are the people at the top of the pyramid.
mate, every stable coin is sold on the basis of a promise - either that it's backed by "reserves", a term the crypto community actively lies about, conflating deposits with reserves, or that it's peg is algorithmically maintained. you're giving money to capitalists on their word that they're trustworthy enough to deserve sole and exclusive access to the money printer. it's only in finance that people can promise literally no value yet invent capital out of thin air. stable coins are a scam. the only ones who profit are the people at the top of the pyramid.
Have a nice day