Does anyone know an unfreezable stablecoin that is the least at risk of becomming another TerraLuna? I love Monero but its too volatile to keep 100% of my life savings in an unfreezable stablecoin is CRUCIAL. This is such horrible news. Fuck Rune Christiansen for this shit!!

  • @gunnm@monero.town
    link
    fedilink
    32 months ago

    Tether also has gold backed XAUt token. I believe with the big narrative of RWA we will see more stables.

    • @WishfulAlbatross@monero.town
      link
      fedilink
      12 months ago

      What does RWA solve? It has no real connection to the blockchain besides a promise from a centralized entity that it is backed. Almost no difference to digital fiat unless it is unfreezable?