You are viewing a single comment's thread from:
RE: Beyond SBD: A Stablecoin for the World.
Looks like a good stablecoin. Nowadays many stablecoin are coming up after the tether crisis backed by nothing. Am happy that this stablecoin will be backed by real world entity -gold. A really good choice by the team. Reading what you have written makes me feel that this is going to be a really good and big project. Thanks for the info.
First off, Tether provided proof of a bank deposit of $1.8B+; so, that FUD was meaningless.
Now, Kinesis is aiming to provide a superior stablecoin. It's built on a decentralized blockchain and isn't backed by fiat, but gold.