Are Stablecoins Really Safe?

TL;DR The SEC discovered that TrueUSD, a well-known stablecoin in the market, had almost all of its reserves in a high-risk fund. Tether has also been questioned for its lack of transparency regarding its reserves, which led to sanctions against the company. Europe will implement the MiCA regulation in 2025, requiring stablecoin issuers to keep ... source: https://crypto-economy.com/are-stablecoins-really-safe/