Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Stable coin without algorithm or backing
by
FatFork
on 18/06/2024, 07:01:02 UTC
⭐ Merited by d5000 (1)
How do you think would the the price in USD of such stablecoin always stay close to 1.00?

So your contract can only issue new tokens, without the ability to take them back?  In this case, the value of such a token would likely be worthless.