Ustc re-peg & renamed

Why don’t we re-peg USTC to AUD istead of US dollar & re-name it ?

@kamal Hello, this topic should be in proposals category. And why do you think it´s good idea? I don´t see any reason to do it. Please explain to me. (close this treat and explain in proposals category)

AUD is a fiat of United Arab Emirates , it is a strong stable currency , cheap & crypto is allowed there . so if we peg our stable coin to AUD would be easier & attracting more investments from wealthy country , this my simple theory .
Finally i am a beginner here so i didn’t know how to do it correctly , so i wrote my suggestion here in general.

AUD is a fiat of AUSTRALIA!

My bad i meant UAD

Bad idea