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Title: What a smart stablecoin should be like Post by: EvaGC on March 02, 2018, 02:29:30 PM Taken from: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f
- A global currency, which offers stability. By stability, we understand low volatility against one or a group of national fiat currencies. - A currency that not only is stable but also acts as a store of value. - This currency has to protect the purchasing power of its holder in the Global Economy. - It has to be truly global and be exchangeable with all major national fiat and cryptocurrencies. - It has to provide a tradable price at any moment for small or large amounts - It has to be robust to market stress. - It has to be 100% transparent and trustworthy. |