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Topic: What a smart stablecoin should be like (Read 106 times)

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March 02, 2018, 10:29:30 AM
#1
Taken from: https://medium.com/@globcoin_io/bringing-stablecoins-to-the-next-level-357879430b0f

- A global currency, which offers stability. By stability, we understand low volatility against one or a group of national fiat currencies.

- A currency that not only is stable but also acts as a store of value.

- This currency has to protect the purchasing power of its holder in the Global Economy.

- It has to be truly global and be exchangeable with all major national fiat and cryptocurrencies.

- It has to provide a tradable price at any moment for small or large amounts

- It has to be robust to market stress.

- It has to be 100% transparent and trustworthy.
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