Stablecoins and currency boards
This article dig into currency boards and what we could apply to stablecoins. This will also lead to an improved value proposition for MakerDAO and its stablecoin DAI.
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Money
Stablecoins: currency or credit?
We will analyze the difference between money-like credit and a currency. Then we will try to understand how such a dichotomy related to the stablecoin construct, in particular DAI, the MakerDAO stablecoin.
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How money work
This article presents a simple and short case on why it is commercial banks and not the Fed that creates
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