❌MYTH #3: Stablecoins = safe.
✅REALITY: All assets carry risk. Even within stablecoins, security levels vary.
Look at the stablecoin's collateralization mechanism, the transparency of its reserves, the frequency of audits (if any!), the credibility of its issuer...These can vary greatly.
Among all stablecoins, fiat-backed ones like @tusdio are generally considered to have less volatility and a more stable value.
Remember, #DYOR & #NFA.
There's too much misinformation about #stablecoins. What other #stablecoin myths have you heard? Comment below and let's bust them together😎 #StablecoinMythbusting