It's a binary event. It's either stable or it isn't stable. It isn't "more stabl... | Hacker News

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		anm89 on Sept 21, 2022 \| parent \| context \| favorite \| on: Tether ordered to produce documents showing backin... It's a binary event. It's either stable or it isn't stable. It isn't "more stable than Terra". It's stable (so far).

Jweb_Guru on Sept 22, 2022 [–]

Not really, unless you're being overly reductive. For example, I think I would call a 10% backed stablecoin less stable than a 100% backed stablecoin, but more stable than a 1% backed stablecoin (or 0% in the case of something like UST, at least initially).

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