The equivalent of a #stablecoin - backed one-to-one by USD - is not a pegged exchange rate but a currency board arrangement (CBA) - a rather different animal. While a speculative attack on CB would increase interest rates in the economy, that would not be an issue for stablecoin
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The equivalent of a
#stablecoin - backed one-to-one to USD - is not a pegged exchange rate but a currency board arrangement;(CBA, a rather different animal. While a speculative attack on CB would increase interst rates in the economy, that would not be an issue for stablecoin.Thanks. Twitter will use this to make your timeline better. UndoUndo
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