Does anyone know an unfreezable stablecoin that is the least at risk of becomming another TerraLuna? I love Monero but its too volatile to keep 100% of my life savings in an unfreezable stablecoin is CRUCIAL. This is such horrible news. Fuck Rune Christiansen for this shit!!

  • gunnm
    link
    fedilink
    arrow-up
    3
    ·
    7 months ago

    Tether also has gold backed XAUt token. I believe with the big narrative of RWA we will see more stables.

    • WishfulAlbatross
      link
      fedilink
      arrow-up
      1
      ·
      7 months ago

      What does RWA solve? It has no real connection to the blockchain besides a promise from a centralized entity that it is backed. Almost no difference to digital fiat unless it is unfreezable?

    • mister_monster
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      1
      ·
      7 months ago

      I was looking into xaut and from what I understand you have to KYC to get it and they freeze it.