3 ms·
>A stablecoin is a digital currency backed 1:1 by fiat currency like USD, so its value is constant How does the conclusion follow from the backing situation? I
by coldtea 2y ago
>A stablecoin is a digital currency backed 1:1 by fiat currency like USD, so its value is constant
How does the conclusion follow from the backing situation? It's only constant related to the amount of USD it amounts to.