I think the most promising project to create a decentralized stablecoin is MakerDAO's 'Dai': https://github.com/makerdao/docs/blob/master/Dai.md https://github.

I think the most promising project to create a decentralized stablecoin is MakerDAO's 'Dai': https://github.com/makerdao/docs/blob/master/Dai.md https://github.com/makerdao/docs/blob/master/Dai.md I have been reviewing the mechanics and I haven't found any major weakness in the system. I'm really curious to see how it performs once released. Disclaimer: I am not affiliated with or have any position in MakerDAO.