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RE: Daily Crypto Markets Live Blog: Are Stablecoins In Trouble? (05/23/22)

in LeoFinance3 years ago

If the creators of Stablecoin are committed to building such a concept, they should think about how to build Stablecoin to realize this concept in all possible ways! $1 is $1 whether you put it in the bank or have it in your hand. Whether it lasts 1000 years or 1 day!

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The easiest way to do so is to have a 1:1 backing for US dollars. So what is your view of algorithmic stable coins and do they count towards that?

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