2 ms·
Why the world should worry about stablecoins
- black_13 10mo ago[dead]
- yeah879846 10mo ago[dead]
- throwaway888666 10mo agoAnyone interested in a precious metal backed stable coin plus yield? If yes, what can you bring to the table?
- snypher 10mo ago>backed >stable >yield You probably need to rethink this. Where would the yield come from? Who stores the gold? Where's the trust? Ok, we buy $1m in gold and issue the coins. Gold price tanks, what to do?
- wmf 10mo agoThe price of the backing asset doesn't matter. 1 oz = 1 oz.
- throwaway888666 10mo agoNo I don't. PhD and MBA If you bring something to the table I would love to talk to you