Is marker a stable coin?

[Stuart]

I once heard that marker is a stable coin, but keep seeing it growing in price often and on. Al stable coins I have ever seen does not go above $1, but that of marker is not so. Now I ask is marker coin really a stable coin, if yes, what makes it a stable coin? Thanks.

[jonathancool220]

What do you mean by what coin or coin marker?
I am not sure about this thread and your statement?

If I may give a suggestion, when you make a thread about please give a link about coins, exchange or wallet that contains coins, the purpose that you mean is about Marker, I have never heard of it in the world of cryptocurrency.

[Bobcrypto]

I once heard that marker is a stable coin, but keep seeing it growing in price often and on. Al stable coins I have ever seen does not go above $1, but that of marker is not so. Now I ask is marker coin really a stable coin, if yes, what makes it a stable coin? Thanks.

No, maker is a digital token created on the Ethereum platform planned to create a line of decentralized digital assets that would be tied to the value of real instruments like fiat, gold etc.
Maker is also planned to minimizing the price volatility of its own stablecoin Dai, against the U.S. Dollar.

For details, https://en.bitcoinwiki.org/wiki/Maker