The post More Trouble For Algorithmic Stablecoin – IMF Director appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe director of monetary and capital markets of the International Monetary Fund (IMF), Tobias Adrian, believes that uncollateralized and algorithmically-stablecoins might experience further sell-offs amid the ongoing crypto winter. In an interview with Yahoo Finance on July 27, Tobias Adrian stated that there could be more failures of “coin offerings”, in particular the algorithmic stablecoins. …
