Algorithmic vs. Collateralized Stablecoins: Key Differences, Mechanisms, and Risks Explained
In crypto, stablecoins are the closest thing to "safe", or so we like to believe. Designed to hold steady amid market chaos, stablecoins have become the financial glue of DeFi, powering everything from lending protocols to cross-border payments. But not all stablecoins are created equal. On one side of the ...