Tag

stablecoin

Browsing

People say USDT is not backed, therefore a time bomb waiting to explode. I don’t think so. There are many things Tether can do to protect its peg, even if underlining fiat assets are not fully liquid, or not there at all. What are those things?👇 1. Grow user base as fast as possible. More users, bigger volumes, more dispersed ownership help with price volatility. When you have so many people trading in and out…

Tether has a $60 billion market cap. Everyone thinks it takes a lot of money to start something like that. The truth is you need very little to start a Tether. Let’s walk through how to make a Tether-like stablecoin w/ $500, and learn how stablecoin works along the way👇 Step 1. Deploy your own ERC20 token. This is the easiest part. Let’s say you want to make a stablecoin called “Sether”. (That’s so imaginative,…