WSJ Tech News Briefing

Are Stablecoins Backed by Algorithms All That Stable?

04.19.2022 - By The Wall Street JournalPlay

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Cryptocurrencies known as stablecoins are meant to give investors some reassurance of value in an otherwise volatile market. But critics say a more recent breed of stablecoins backed by financial engineering rather than real-world assets, known as algorithmic stablecoins, are creating risks for investors even as they grow in popularity. WSJ markets reporter Alexander Osipovich joins host Zoe Thomas to discuss.

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