Question: Fiat - backed stablecoins are 1 ) Decentralized and ( 1 0 0 % ) collateralized BUT NOT capital efficient 2 )

Fiat-backed stablecoins are
1) Decentralized and \(100\%\) collateralized BUT NOT capital efficient
2) Capital efficient and decentralized BUT NOT 100\% collateralized
\(100\%\) collateralized and capital efficient BUT NOT decentralized
4 None of the above
Fiat - backed stablecoins are 1 ) Decentralized

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