What are Decentralized Stablecoins? (DAI, USDD, FRAX, and RAI)
CoinGecko CoinGecko
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 Published On Sep 26, 2022

Unlike their centralized counterparts, decentralized stablecoins are algorithmic and not backed or controlled by any central authorities. And with that comes different types of decentralized stablecoins which differ in their own mechanisms!

Come take a look at the four types of decentralized stablecoins!

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Timestamps
00:00 Intro
00:38 What is a decentralized stablecoin?
01:22 Overcollateralized stablecoin
03:26 Algorithmic stablecoins
05:50 Fractional algorithmic stablecoins
08:06 Non-pegged stablecoins
09:40 Will decentralized stablecoins ever catch up?

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