You are viewing a single comment's thread from:

RE: Another Stablecoin Bites The Dust?

in LeoFinance2 years ago

I really don't get it. Why would you be backed by other stable coins? If you're going to spend the money to be backed by something, just buy the asset you're supposed to be pegged to. I feel like I'm missing something.

Sort:  

Exactly it kind of defeats the whole purpose of building your own stablecoin.

Posted Using LeoFinance Beta