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I don't think it's possible because this stable coin is clearly centered.
It would be very dangerous if a stable coin was created not centrally, because it certainly does not have a guarantee for price stability.
I think this is a strange idea, but in the world of cryptocurrency there must be because cryptocurrency is full of uncertainty.
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Is it possible to create a decentralized Stable Coin?
All we need is decentralization, maybe majority of us need it. Most stablecoins are pegged with centralized assets like fiat and precious metals correct me if I'm wrong. My question is, are you contented with the current stablecoins? Or do we really need a fully decentralized one?
