What happens to ecash USDT when the gap between the pegged Bitcoin and issued eUSD increases?
What kind of mechanism is in place to auto balance the peg?
What happens to ecash USDT when the gap between the pegged Bitcoin and issued eUSD increases?
What kind of mechanism is in place to auto balance the peg?
Not an expert at all but believe they trade in and out. I’m sure there is some automation but not sure if I would call it a mechanism. To me they are just running a hedge fund and have a cash carry trade on that they tokenized. But again far from educated on it
