Guavaxf3006
02-13 20:27

A very well researched and written article. One thing that stands out here is the author pointed out to one thing which should be obvious, but widely ignored and disregarded. That is the correlation and cross-dependance between many players and invested oragonisation. 

This reminds me very much of what happened diring the Asian currency crisis, which started in Thailand with a devaluation of the Thai Baht, but started a stampede in Korea and Indonesia. And Malaysia got pulled down too because opportunist like George Soros saw an opening because like may others, Malaysia was living on borrowed capital too.

So with this current Cryptocurrency freeze, look at who is exposed with leveraging and cross-dependency too. That's where you ca make big bucks playing against. Be the new George Soros.

A Winter for Stablecoins Would Signal Crypto Deep Freeze

Bitcoin's price drop has certainly put a chill on the market for crypto companies. But as the digital-asset realm evolves, the real deep freeze would be if there were an extended drop in the value of stablecoins in circulation.Stablecoins aren't designed for speculation. Their price is meant to be fixed to a fiat currency, typically the U.S. dollar. That shouldn't rise or fall with demand or sentiment.The total market value of the seven largest U.S. dollar stablecoins currently tracked by CoinGecko has declined almost 2% from its peak in December. That isn't a huge drop. But it follows a steady surge in stablecoin value over the past year, helped by passage of the Genius Act, which is aimed at regulating these coins in the U.S.On some platforms, including Coinbase, customers holding USDC can earn rewards in the form of an annual percentage of more coins. These rewards are a big enough potential draw for stablecoins that the move of banks to lobby against them -- arguing they are a thre
A Winter for Stablecoins Would Signal Crypto Deep Freeze

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