Welcome to the AmpleSense DAO Community Hub › Forums › Communicating Ample: Questions, Education and More › Is StableCredit Another Elastic Currency? › Reply To: Is StableCredit Another Elastic Currency?
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It’s not elastic, but a sort of universal credit of sorts. Deposit anything in their AMM get a permissionless stablecoin in return.
Add a billion of assets, get a billion mcap of new stablecoins.