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And how to make it work with largely unstable crypto/fiat ratio?
by bvrmn 4y ago
And how to make it work with largely unstable crypto/fiat ratio?
- nappy-doo 4y agoarguably, all the crypto exchanges are proving crypto's a fiat too.
- danuker 4y agoHold inventory exactly equal to what the customers deposited, be it crypto or fiat. The exchange rate matters only when trading.
- coffeebeqn 4y agoFor stable coins they have to be backed 100% by reserves of real currency. For crypto - well you just hold the crypto and don’t lend it out. If I give you 1 ETH, you just keep it in the wallet for me to withdraw on my leisure. Simple.