How Do Algorithmic Stablecoins Work?

A deep dive into crypto’s largest algo stablecoin.

Adam J. Cheshier
DataDrivenInvestor
Published in
5 min readJul 30, 2021

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Photo by Mathieu Stern on Unsplash

Algorithmic stablecoins are a relatively new concept in the world of cryptocurrencies. Gone are the days that stability in the markets has to be backed by collateral. Instead, a new category of stablecoins has risen in demand; non-collateralized stablecoins.

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Documenting obscure pockets of the world across long-distance overland expeditions. Recently celebrated 7 years of nomadism. https://linktr.ee/adam.cheshier