Cryptousd

Cryptousd

Created using Figma
Created using Figma
These types of stablecoins are the only categories that do not use any assets as backing and function like the central bank system. In fact, it uses an agreement mechanism to increase or decrease the supply of tokens, which is the same as the banknote printing process of central banks. As the total demand increases, a new supply for stablecoins is created to return prices to previous stable levels.
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The process of working with backing-free stablecoins is also convenient. In this system, the user can receive their coins after the request. To avoid the pressure of demand for price fluctuations, this is done in a very short time. After that, the possibility of trading on the network will be provided for the user.

 

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