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 Bitcoin price continues to drop, but how are pro BTC traders positioned? December 7, 2023 Descending channel pattern and weak futures data continue to constrain Ethereum price May 5, 2022 Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto May 5, 2022