💲$XRP CAN BECOME STABLECOIN ELON MUSK'S AI GROK SAYS
📍Here's how $XRP can become stablecoin, per Grok📍
💧The AI chatbot launched by Elon Musk’s recently founded xAI startup believes that #XRP can be turned into a stablecoin with help from Automated Market Makers (AMMs) they would work as a stabilization mechanism, using USDCor another similar stablecoin ✨
📊 (AMMs) will manage the XRP supply to ensure the coin has a stable value via a liquidity pool, which will contain both XRP and USDC. When the XRP price jumps🆙 above the target value, an (AMMs) would sell XRP for USDC to bring it 🔙 down↙️
🔺By increasing the 💲XRP supply🔺
🛸 When the XRP price goes below the target value🎯 it will buy XRP with USDC to ↘️decrease the supply and lift the price, according to Grok’s layouts 📝
