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RE: Stable Coin Supremacy

in LeoFinance3 years ago

Decentralized stable coin means no one or no entity can control the coin. In very unique situations usdt and usdc can be locked up from a holder because they are controlled by entities. Ust being decentralized no one entity can control to tokens. How a coin becomes a stable coin is apart of the programming. Both usdt and usdc are supposedly back by assets but it has been a concern that the assets don’t pegged to the dollar. Ust on the other hand isn’t pegged to assets but is an algorithm balancing the demand and supply of ust and Luna.