Post
Topic
Board Announcements (Altcoins)
Re: [ANN] QUSD (QUSD) Low-Volatility Stablecoin "QUSD token" [OFFICIAL]
by
Ng93
on 14/02/2019, 13:24:06 UTC
I think that the team has deposits in USD, in the same amount in which they created the tokens.
Considering how the banking system works, I doubt that this model is used by QUSD. But this is my guess. Perhaps a certain amount provided by the dollars they have, but in the conditions of a bear market is a failure. For stable operation, you need advertising and visibility on well-known stock exchanges Coindesk, etc.