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20 sats \ 2 replies \ @telcobert 23h \ parent \ on: Is it possible to develop a Stablecoin with Cashu? bitcoin
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.
Hey, just read about your initiative. Where do it differs from cashu? (if?)
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Please and thank you!
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