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.
You are viewing a single comment's thread from:
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