Is it possible to implement a stablecoin ?
The first Real world asset backed stablecoin.
MakerDAO DAI is backed in part by real world assets through their integration with Tinlake! Currently a very small % compared to crypto collateral, but proof of concept and has a ton of room to grow in the near future. In picture below, you can see NS-DROP (New Silver) and FFT1-DROP (FortunaFi) are two real world asset collateralizations for DAI stemming from Tinlake.
Now as to whether a stablecoin could be backed by 100% RWAs — that’s a good question. Ultimately a lot of moving parts off-chain, depending on the collateral.
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