Ad buys could create a “semi-stablecoin”

Sirer believes there is a distinct difference between a coin that is pegged to a fiat currency and a coin that is “stable.” In a recent tweet, he noted that MakerDAQ should be considered “stable,” because it uses algorithmic methods of achieving a stable ratio, while USDC and Tether should be considered “pegged,” in that they use simple methods and the banking system to retain a 1:1 ratio with fiat currency. n the subject of what a stablecoin is, Ottman spoke to the real-world value of the Minds token. “A newsfeed impression is stable. The value changes according to different variables about the nature of that impression, but just raw chronological impressions.”