# Stability without Pegs | Reflexer

<https://medium.com/reflexer-labs/stability-without-pegs-8c6a1cbc7fbd>

- Host: [medium.com](https://links.thingelstad.xyz/hosts/medium.com/)
- Saved: December 7, 2022 (2022-12-08T03:26:21Z)
- Record: https://links.thingelstad.xyz/links/a076e598383e/
- JSON: https://links.thingelstad.xyz/links/a076e598383e.json

## What Jamie wrote

RAI is a completely independent way to create a crypto stablecoin. Many stablecoins peg themselves to other assets, often 1 US dollar. This has a number of collateral as well as legal issues that could be a problem. RAI is independent of all other mechanisms.

It doesn't give the "warm fuzzy" that pegging to an established currency gives, but it does make it survivable of various regulatory issues.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT237: Weekly Thing #237 / Ethereum, Zelensky, Fadell + Erratic Narratives](https://weekly.thingelstad.com/archive/237/), Notable

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://medium.com/reflexer-labs/stability-without-pegs-8c6a1cbc7fbd