Post
Topic
Board Project Development
Re: is there are self regulating stable coin?
by
nemgun
on 12/04/2017, 13:21:26 UTC
a stable decentralized monetary system without or low price fluctations
if not is it possible to develop one?

Price fluctuation against what? Even USD fluctuates against EUR, JPY or XAU.
There's USDT (Tether) which, from what I know, is pegged to USD price, maybe this is what you are looking for. https://tether.to/faqs/
I am not sure about its decentralization, you may have to do some homework Smiley

I seriously don't think that he is decentralized, because else they wouldn't be able to controle the price. It is like ripple, and the unique purpose of this coin is to serve as a counterparty of USD for cryptocurrencies.
In reality it fluctuates when USD fluctuates, but not against Bitcoin, this is why it is getting the attention of traders, but be warned that it is not a fixed state, as i remeber that last year they fluctuated a lot. And it is not the first fixed price crypto, they all fluctuate in the end so beware.