Re:Basecoin, aka the Basis Protocol
by JumpCrisscross on Wednesday April 18, 2018 @01:36PM
(#16869246)
Stable coins are unstable because they're inherently leveraged. This is a problem that traces back to the original "stable coin," bank deposits.
[ Parent
| on HN ]
> Stable coins are unstable because they're inherently leveraged.
No they're not. Asset-backed Stable coins are not leveraged.