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Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: Tarig Eltayeb on December 09, 2022, 08:32:57 AM

Title: New Idea To Create A stablecoin - feedback needed
Post by: Tarig Eltayeb on December 09, 2022, 08:32:57 AM
Dear Crypto Experts

i have an idea to create  stablecoin that pegged to/backed by something i know that it stable by itself? it is not volatile at all,  that something is solid/reliable no questions! so i don't need to create algorithm or codes that is required to rebalance the stablecoin.

just create the stable coin and whenever there is a buy order from anybody, you buy that something in collateral. as simple as that.

what do you think?
your feedback are welcomed and appreciated