Why is stablecoin stable?
I want to know why stablecoins like USDT/USDC, which are pegged to the US dollar, are stable? Why doesn't buying or selling in large quantities on DEX or CEX cause significant price fluctuations?
I want to know why stablecoins like USDT/USDC, which are pegged to the US dollar, are stable? Why doesn't buying or selling in large quantities on DEX or CEX cause significant price fluctuations?