#DigiDollar is a proposed fully decentralized USD stablecoin built natively on the #DigiByte blockchain, allowing users to mint stable tokens pegged 1:1 to the US dollar by locking up $DGB as over-collateralized backing. Unlike centralized stablecoins like USDT or USDC, it operates without a single issuer, relying instead on on-chain mechanisms, decentralized price oracles, and time-locked collateral to maintain stability. Here's how it could fundamentally transform DigiByte as a platform: Enabling Stable, Everyday Transactions and Commerce DigiByte's blockchain is already known for its speed (15-second block times) and low fees, but DGB's price volatility limits its use for payments or remittances. DigiDollar introduces a stable asset for merchants, users, and businesses to transact in USD-equivalent value without exposure to crypto market swings. This could drive mass adoption, turning DigiByte into a go-to network for real-world applications like cross-border payments or e-...
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