With a #stablecoin like #Terra #UST depegging, it's fair to conclude that not all stablecoins are stable.
But make no mistake, stablecoins are here to stay and will continue to play a vital role in the crypto economy.
So how exactly can you determine the quality of a stablecoin?
See whether the stablecoin satisfies the trifecta:
- Stability
- Transparency
- Redeemability
flexUSD is:
✅ Fully collateralized and always pegged 1:1 with USDC and USD*
✅ Fully transparent (with 3x intra-day reserve attestation coming)
✅ Instantly redeemable 1:1 for USDC and USD*
*USD redemption available on CoinFLEX.US
