Creating and destroying stablecoins, offering control over the token and arbitrage prices to help stabilize it
Yes, even FULLY BACKED stables need some sort of arbitrage. Every single fiat-backed stable dropped from it's peg at least once because someone (purposefully).sold it under 1$
I would argue that depends on the way the stable coin is made stable ????
Creating and destroying stablecoins, offering control over the token and arbitrage prices to help stabilize it Yes, even FULLY BACKED stables need some sort of arbitrage. Every single fiat-backed stable dropped from it's peg at least once because someone (purposefully).sold it under 1$