Fantastic gain for all. This is a stable passive income that one did not need to be scared of fall in price unlike cryptos.
I sense a big disadvantage as well from this. Take a vivid look at this senerio:
If i have $1000 and leave it here for a savings of 10% per annum meaning after a good one year i will now derieved extra $100, i think it is low compare to the gain one will achieve if someone buy cryto like hive @ $0.35 rate and carefully leave the crypto for a year for a little change in price like $0.05 Because i certainly even if the worst will come hive shoukd not be lesser than $0.40 after a year.
Just like my last post it is better to hive it rather than saving it
With a stable coin there should be minimal risks as it should remain at $1 at all times. It would attract a lot of investors. Once you start investing into DeFi etc you start running into risk issues even though the rewards are much higher. I'm curious with enough publicity if the $1 peg and 10% will start attracting in investors.