PieDAO releases USD++ for better stablecoin holdings

[Tanimariya]

PieDAO has launched the USD++ Balancer pool, which combines competing dollar-pegged stablecoins into a single tradable token.
There’s a new way to try to mitigate the risk of holding dollar-pegged stablecoins.

PieDAO, the decentralized organization building diversified token pools on the Balancer protocol, announced the mainnet release of its USD++ pool on Tuesday. The pool combines several of the top USD-pegged stablecoins into one tradable token. It’s another example of a creative use case of the rapidly growing Balancer protocol—and of the expanding universe of ideas DAOs are working to address.
Read more: https://decrypt.co/32673/piedao-releases-usd-better-stablecoin-holdings

[aiviaa485]

PieDAO must provide new innovations if you want to be in a stable coin position.
See how many stable coins like USDC, TUSD, USDT, BUSD, Gemini Dollar, Paxos Standard, if PieDAO is not able to compete then it will definitely be a difficult step for PieDAO to develop in the future.

Just as altcoins are born, this will definitely be a new challenge for PieDAO in a volatile market circle.

[Nostoman]

PieDAO must be rediscovered if it is to remain in a stable currency position. Only then will future generations be able to think. Without this, it will not be possible to survive in the competition. USDC, USD etc. should be considered. Awareness needs to be adopted to face new challenges. If that is not possible then competition will not be possible

[kent47400]

Welcome to Cryptocurrency for stable finance from PieDAO because actually stable finance tends to be difficult to develop.
The difficult factor that is not developing is that stable cryptocurrency is stagnant in price changes and this is what proves that PieDAO will be difficult to develop.

But it is also possible because unstable altcoins are also very susceptible to become ash coins, as evidenced by 2017 many altcoins have died.