4min chapter

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Cobie and Chris Burniske on How to Navigate a Crypto Bear Market - Ep.355

Unchained

CHAPTER

Is There a Risk of a Stable Coin Contagion?

Sii: I think if we do see contagion, that, like, it's a good thing. People just create another one. Every year or two, we've got another algo stay o collapses. The fact that an attack is possible means like the attack is going to happen one day no matter what. We can't say, or there was an attack on a stable coin, that's why it's down. It means the system was unsound and the system was able to be attacked. So i think these bare market very good at washing out everything that is weak and is not fundamentally sound in order so that the entire system can end up a little bit stronger afterwards.

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