Sky, formerly known as MakerDAO, is facing criticism for its reliance on an externally owned account (EOA) to manage $756 million in USD Coin reserves within its lite peg stability module (PSM).
To maintain its 1:1 peg to USD, USDD 2.0 utilizes stability mechanisms, including overcollateralization, a liquidation and auction model, risk management and real-time monitoring, a Peg Stability ...
Scrapping it would shake confidence, jeopardise reliability and introduce currency volatility, one of the most significant risks in investment Whenever interest rates climb, so do calls to unpeg the ...
Despite the progress in macroeconomic stability, growth in Morocco has been relatively weak ... have been smaller under a flexible exchange rate regime than under a peg, other things being equal.
The market cap of USDe has pushed past $6 billion, and the peg remains virtually stable, despite the market bloodbath.
These concerns, while understandable, miss the bigger picture. The peg has given Hong Kong stability, predictability and credibility. These are qualities that matter far more in the long run than ...