Ampleforth is the most interesting 'stable coin' I've seen.
Re:Report on Stablecoins [pdf]
by adultorata on Monday November 01, 2021 @07:28PM
(#29074742)
I agree on this, although ampleforth is not specifically a stablecoin, but nonetheless it's one of the most interesting economic experiments I've witnessed since bitcoin, a true Hayek money had never been possible before in humanity, thanks to chainlink a currency that even Satoshi Nakamoto dreamed of is now possible
>Dai is a stablecoin cryptocurrency which aims to keep its value as close to one United States dollar (USD) as possible through an automated system of smart contracts on the Ethereum blockchain. [...] Dai is created from an overcollateralized loan[.]