the problem with stablecoins is how true they are pegged to a certain fiat currency? in this case, partially collateralised with euro and bitcoin. how can you verify that they have such assets as claimed to be?
dont forget that USDT admitted before that they are not 100% backed by dollars. so with EBASE, do they really have the euro and BTC to back this stablecoin?
How I am supposed to know?
I am not part of the team, I wanted to ask this question before but I forgot because I answered his question.
I just explained the advantage of having stablecoin on their own platform to that guy and I did not verify anything in here.