ilmscore | Prediction Details
"the only way to ensure that you can pay out a dollar for a dollar or for one1 doll worth of stable coin is that you have banking so the moment you start having banking how centralized or decentralized you can be right so either you are just a currency that try to mimic a little bit the dollar but it's not then a dollar is not a stable coin because then it's volatile because it cannot be pegged to the dollar because you don't have banking"
By Coin Bureau | April 21, 2024 | Pending
From video
What’s Next for USDT?! Interview With Tether CEO! 00:21:44 - 00:22:10
Interpreted Prediction
A truly decentralized stablecoin cannot guarantee a 1:1 conversion to a dollar without banking infrastructure. If it doesn't have banking, it cannot be pegged to the dollar and will be volatile.

Prediction Details

Topic
Decentralized Stablecoins

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