Can anyone direct me or tell me the steps one would go to create a asset backed stable coin? We know about crypto very well but when it comes to the creation of a stable coin, we are a bit lost.
Do you create the tokens then send it to a smart contract? How does that part work?
Any help would be greatly apprenticed
You know we have different types of Stable coin design. I think you should be more specific about asset you have intention, is it Crypto Asset like Dai or Gold like PAX and other similar project or Real assets. Another thing you should looked at, is the regulations, especially if you are thinking of USD backed Stablecoin