// Currency Peg
Multi-fiat peg monetary policy
How is price-stability defined?
How is price-stability measured?
How is price-stability achieved?
When coin price has deviated from the target, the system needs a way to apply pressures to the market to bring price back to the target
Ongoing Stable coins Designed to Achieve the Stable Price
As mentioned above, in order to introduce the payment method with blockchain for
the purpose of the smooth payment, it’s difficult to use the unstable cryptocurrency
such as Bitcoin for the general use. In light of that,we invented and issued a
INR-pegged stablecoin as a Prepaid Payment Instrument. On the blockchain platform,
there are three kinds of stablecoins
- stablecoins collateralized by fiat money,
- stablecoins collateralized bycryptocurrency, and
- stablecoins with no collateral.