You are viewing a single comment's thread from:RE: LeoThread 2024-12-04 12:23View the full contextView the direct parentl337m45732 (74)in LeoFinance • 8 days ago yeah that's kinda what i was thinking
I'm not clear what they mean by backing the stablecoin with XRP to prevent depegging. As long as redemption to fiat is always 1:1, it doesn't matter what the market price is.
yeah i'm going to have to look at the details more