DeFi protocols launch stablecoins to lure new users and liquidity, but does it work? Post author:MiamiCrypto Post published:June 1, 2022 Post category:Cryptocurrencies / Cryptocurrency Exchange / Fantom / Markets / Polkadot / Stablecoin / Tron In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? You Might Also Like Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens June 7, 2022 Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range November 2, 2021 FTX has $222M in Bahamas real estate, 1,300 tokens — Shareholder presentation September 11, 2023