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Kaspa Dollar is Taking a Very Different Route to $1 Kaspa Dollar (@KaspaDollar) has released a working whitepaper for its proposed $KAS -backed stablecoin, $KSD. Its developers say KAS will be the only collateral, keeping the system tied to Kaspa's own security. Users would rely on KAS -backed vaults and a miner-voted price feed. The proposed contracts will have no admin key or developer fee. The whitepaper remains open to internal and external review.
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