Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type? Post author:MiamiCrypto Post published:May 20, 2022 Post category:Cointelegraph Consulting / DAI / Stablecoin / Terra / Tether DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST. You Might Also Like LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves May 9, 2022 $24K Bitcoin — Is it time to buy BTC and altcoins? Watch Market Talks live February 16, 2023 Debtors saved over $100M using de-pegged stablecoins to repay loans March 14, 2023