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 Yellen Echoes Stablecoin Warning Citing UST Crash May 10, 2022 South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine March 4, 2022 JPMorgan estimates ‘fair value’ of Bitcoin at $38K February 9, 2022