algorithmic stablecoin

An algorithmic stablecoin uses programmed incentives to help maintain its target price without relying solely on reserves.算法稳定币使用编程激励措施来帮助维持其目标价格，而不完全依赖准备金。

The failure of several algorithmic stablecoins has made the market cautious about new entrants in the space.几个算法稳定币的失败使市场对该领域的后来者保持谨慎态度。