Is it pessimistic? So some people say that stable currency is the retrogression of blockchain, and the point is here. Many people talk about using mathematical mechanism to ensure stability – it looks beautiful, but in fact, stable currency must have a reliable guarantee. So stable currency is not a mathematical game. The most stable, the most credible and, in the words of the currency circle, the most consensus must be legal money. Otherwise, how can it be stable? Stability must be relative, with contrast. Then why do we think that the current stable currency mechanism has not been realized? Fundamentally speaking, I think the stable currency must be relative to the anchored legal currency. Stable currency price is just need for payment and hedging. But whether the current mechanism of stabilizing the currency can meet the demand? No.

We need a stable currency.įrom the perspective of demand, it exists objectively. The sharp fluctuation of currency price is not conducive to payment. Throughout the fairies, the demand for stability is summed up in two ways During the period of no writing and hesitation, it also verified the previous judgment. However, this article has been brewing for a long time. It seems that the market will reverse and bring some warmth. For a time, the digital stable currency anchoring the Hong Kong dollar, offshore RMB, Japanese yen, Australian dollar and so on took office. The biggest problem is how stable the currency is.Įven in this long winter.

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