Stablecoins are a tremendous part of the cryptocurrency market, constituting over 16% of the total market capitalization at the moment of writing. However, given the recent Terra meltdown, people treat all stablecoins with extreme caution. Let us shed some light on JAX and explain how we achieve stability in detail.
https://medium.com/jax-network/how-can-jax-coins-have-stable-value-without-a-peg-or-collateral-2b7e4ce64100
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