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RE: Is Crypto a Good Hedge? | How to get 6% on Your Bitcoin!

in LeoFinance • 10 months ago

Awesome. This is probably a dumb question but the stable coins have no inflation built into them then?

10 months ago in LeoFinance by
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         10 months ago 

        How it supposed to work for coins like USDC and GUSD is you give the exchange one dollar and they give you one USDC or GUSD. It's created 1 for 1. So the total supply will increase as more people use it, but it's not inflation. DAI is much more complex because it is decentralized.

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