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Forget Stablecoins and Luna: These 3 Blue-Chip Companies Offer Both Stability and Dividends
By The Smart Investor  •  May 22, 2022
The last two weeks have been tough for cryptocurrency investors, especially those who had bought both Luna and TerraUSD. TerraUSD, a stablecoin that was pegged to the US dollar, crashed to US$0.20 last Wednesday and is now trading at around US$0.095. Its affiliate token Luna has lost nearly all its value in a stunning plunge from an all-time high of US$119.18 just last month. If you’re troubled by the sudden and inexplicable crash in these two cryptocurrencies, don’t fret. You can always choose to park your money in dependable blue-chip companies that offer peace of mind as well as dividends. Singapore Technologies Engineering Ltd (SGX: S63) Singapore Technologies Engineering Ltd, or STE, is a defence and engineering conglomerate with three business segments — commercial aerospace, urban solutions & satcom (satellite communication), and defence & public security. The group has operations spanning across Asia, Europe and the US serving customers in more than 100 countries....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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