"The annual inflation rate in the US accelerated to 8.5% in March of 2022, the highest since December of 1981" --tradingeconomics.com
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typically undercollateralized – they don’t have independent assets in reserves to back the value of their stablecoins. In fact, “undercollateralized stablecoins” and “algorithmic stablecoins” are often used interchangeably. —coindesk.com