Posted on c/DuskNetwork 3 guest8974001695c/DuskNetwork 3 years ago Are there any stablecoins that are not set to 1$? Comment 3 Comments ma_602858812 3years ago paxgold Ora8452759804 3years ago Stablecoins that are pegged to gold, or other commodities. Stablecoins that are pegged to a basket of assets as opposed to a single asset. smi8613942935 3years ago EUR stables exist, but are hardly used. Terra did have about 16 currencies, they were hardly used; by that I am talking less than 0.1% of UST. Basically there is only demand for USD stables.
paxgold
Stablecoins that are pegged to gold, or other commodities. Stablecoins that are pegged to a basket of assets as opposed to a single asset.
EUR stables exist, but are hardly used. Terra did have about 16 currencies, they were hardly used; by that I am talking less than 0.1% of UST. Basically there is only demand for USD stables.