But none of these will put a stable coin that regularly goes below by 10% on there exchange. They have others that never drop below .99 cents
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But none of these will put a stable coin that regularly goes below by 10% on there exchange. They have others that never drop below .99 cents
My experience with stablecoins is very limited, so I'm not as familiar with the tips, tricks, and traps as you are. What you say rings true, and I've seen others say similar things.
Maybe there needs to be a stablecoin that's a hybrid of currency/commoditiy-backed and algorithmic? Although algorithmic stablecoins are known for how often they break their pegs, maybe a hypothetical hybrid stablecoin can solve that problem? Even if it can solve that problem, how easy would it be for developers to code such a thing? At best it wouldn't be easy, and at worst it would be a nightmare to code the thing.
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