Hey, just read about your initiative. Where do it differs from cashu? (if?)

They are both 'credit risks'. 

Counterparty risk refers to the other party of a contract (e.g. delivery of rice or oil),
Issuer risk to the issuer of a financial instrument (e.g. bond or bill of exchange). 

Counterparty risk is significantly greater in terms of complexity, volatility, and contagion.

– Bitcoin M0 (commodity money) has none of these two risks (there are others).
– Contract parties paying with eCash settles C/P risk (Cashu and Fedimint can do)
– Issuer risk (slow/fast rug) must be eliminated on the mint level (needs Bitcredit Protocol).

More about this in a few weeks. Stay tuned.

telcobert

bitcoin

Is it possible to develop a Stablecoin with Cashu?

didiplaywell

Thank you both @96c0b276a3 and @telcobert for your observations. 

@telcobert would you mind to elaborate on the 'issuer risk' detail?