Post
Topic
Board Altcoin Discussion
Re: Justin Sun creates "the most decentralized Stablecoin"
by
eaLiTy
on 19/06/2022, 13:11:06 UTC
Do you think USDD will be more decentralized than existing decentralized stablecoins?
Does anyone really care about the stable coins being decentralized or you want transparency about the peg but the serious issue here is that after the launch it is struggling to maintain the 1:1 peg ratio and it is still below a dollar valuation even though more liquidity is add to its reserves. Will see how decentralized it can be and how long it will be able to maintain the valuation, after the UST debacle every stable currency will be under scrutiny.