Stablecoins Clearly Explained – Earning Interest, Different Types & Taking Profits

Stablecoins Clearly Explained – Earning Interest, Different Types & Taking Profits
Today, Alex sits down to provide an update on the world of stablecoins—a type of cryptocurrency designed to maintain a stable value. We talk about the growth of Tether (USDT); stablecoin conspiracies; types of stablecoins; centralised exchanges; BitShares & Tether's assets; collateralised debt positions; rebasing & elastic supply tokens; preferred stablecoins and much more. #Cryptocurrency #Stablecoin #Tether

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Timestamps:
0:00 Introduction to Stablecoins
1:10 Growth of Tether (USDT)
4:30 Stablecoin conspiracies
5:20 Types of stablecoins
6:20 Beginner resources
7:15 BitShares & Tether’s assets
8:50 Gold, silver & centralised exchanges
10:05 Bitfinex, Circle & exchanges
12:30 Collateralised debt positions
14:15 DeFi Pulse, Pools.fyi, Synthetix (SNX), Reserve (RSR), Curve (CRV), 1inch (1INCH), UMA (UMA)
18:00 Interest-bearing cUSDC on Compound
19:10 Rebasing & elastic supply tokens
23:35 Preferred stablecoins & concerns
25:00 How do you take profits?

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❗ DISCLAIMER ❗

Alex Saunders is not a Financial Adviser. All opinions expressed by Alex Saunders or his guests in this video are for informational purposes only and should not be treated as investment or financial advice of any kind.

Any information provided during the video is general in nature and does not take into account the viewers specific circumstances. Nugget’s News and its individual team members are not liable to the viewer or any other party, for the viewer’s use of, or reliance on, any information received, directly or indirectly, from the video in any circumstances.

The viewer should always:
1. Conduct their own research,
2. Never invest more than they are willing to lose,
3. Obtain independent legal, financial, taxation and/or other professional advice in respect of any decision made in connection with this video.