Pain ahead for algorithmic and non-cash backed stablecoins — IMF director
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Pain ahead for algorithmic and non-cash backed stablecoins — IMF director



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvYTMxYjNiNTEtZGQ3My00ZTA4LWIzODMtYTgwZjQ4ZWFhZjVjLmpwZw==.jpg"></p><p>IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs.</p>



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