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A stablecoin is a type of cryptocurrency that aims to maintain a stable value relative to a specified asset, a pool or basket of assets. The specified asset might refer to fiat currency, commodity, or other cryptocurrencies. Despite the name, stablecoins are not necessarily stable. Stablecoins rely on stabilization tools such as reserve assets or…
Applications, Policy and regulatory issues & Financial risks and stability concerns
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| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Stablecoin | is a | type of cryptocurrency that aims to maintain a stable value relative to a specified asset | 0.90 | text |
| reserve assets or algorithms that match supply | instance of | Stablecoins rely on stabilization tools | 0.80 | text |
| demand to try to maintain a stable value.Historically | instance of | Stablecoins rely on stabilization tools | 0.80 | text |
| multiple stablecoins have failed to maintain their value relative to the underlying assets | instance of | Stablecoins rely on stabilization tools | 0.80 | text |
| USDT | instance of | The report states that stablecoins | 0.80 | text |
| US Treasuries | instance of | and Silicon Valley Bank collapsed.Solvency riskFiat-backed stablecoins maintain the peg with underlying currency by using reserve assets | 0.80 | text |
| US Treasuries | instance of | Solvency riskFiat-backed stablecoins maintain the peg with underlying currency by using reserve assets | 0.80 | text |
| crypto exchanges are subject to regulations | instance of | intermediaries | 0.80 | text |
| Stablecoin | related to "Death spiral" of algorithmic stablecoin | Algorithmic | 0.60 | section |
| Stablecoin | related to "Death spiral" of algorithmic stablecoin | This | 0.60 | section |
| Stablecoin | related to "Death spiral" of algorithmic stablecoin | TerraUSD | 0.60 | section |
| Stablecoin | related to "Death spiral" of algorithmic stablecoin | UST | 0.60 | section |
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