SBD is the natural currency to do this. It's role in the Steem ecosystem is exactly to be a stable coin and most of the mechanisms described above are already in place...
RE: Proposal of how to stabilize SBD
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Proposal of how to stabilize SBD
That will be a total different ball-game...
There is a difference between a Utility-Token and a Security-Token.
Will never happen.
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What do you mean? That a SMT is a better choice for a stable coin?
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Yes, don't call it a stable coin, it's a security token.
Steering away from legal obligations is no longer the norm, more and more issuers have found out (often the hard way) that compliance should not be feared, but rather embraced.
Investor flocks will fly around more often and governmental vultures will look to chip away flesh elsewhere.
Why you think there are plans for a foundation?
Steering away from legal obligations?
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