How Does Unitstable Cash Work

There are many different types of stablecoins on the market, and we think algorithmic stablecoins are a very promising model. Facts have also proved that its economy and wide user groups are currently the best. However, various algorithmic stablecoins have had great volatility before, and stable cash appeared to solve the volatility of algorithmic stablecoins.

Unit stable cash agreement controls the supply of currency. Similar to the way that central banks control fiat currencies through monetary policy, they control the money supply in the economy to anchor its value (1 U.S. dollar) by buying or selling bonds. Different from the central bank and currency issuance mechanism, stable cash implements rules through algorithms and smart contracts, predicts system behavior and stabilizes currency value.