> But Pebble’s approach involves much less risk than people have come to associate with stablecoins, co-founder and CEO Aaron Bai explained to TechCrunch in an interview.
I really wish TechCrunch journalists would do a little more analysis of these claims instead of simply relaying the talking points of the startup’s CEOs and marketers.
“Startup offers risk-free yields higher than you can get anywhere else” should raise a lot of questions, especially when it’s involving stablecoins. Another YC company offering yields based on stablecoins (Stablegains) melted down and closed recently.
> I really wish TechCrunch journalists would do a little more analysis of these claims instead of simply relaying the talking points of the startup’s CEOs and marketers.
These are paid articles. Most of techcrunch and other hype tech news site posts are fed by PR agencies in the background.
They get an article and list of quotes to include by a PR firm which they edit a little and post.
It's so risk-free that they have a clause buried in their T&Cs that states that crypto is risky and that they assume no responsibility for any losses...
I really wish TechCrunch journalists would do a little more analysis of these claims instead of simply relaying the talking points of the startup’s CEOs and marketers.
“Startup offers risk-free yields higher than you can get anywhere else” should raise a lot of questions, especially when it’s involving stablecoins. Another YC company offering yields based on stablecoins (Stablegains) melted down and closed recently.