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Stablecoin minted only by burning AKT

"Akash Weekly: Testnet 3, Week 1 Challenges" (Akash Network)

“The only way to emit the stable coin is by burning AKT. So you burn AKT and you mint the stable coin and vice versa… burning AKT means taking AKT out of supply, which gives AKT value… the more demand for the cloud, the more AKT is burnt.” — 00:45:39

Context: Answering a listener worried a stablecoin would reduce AKT demand; the design (deploy-only, no independent liquidity) foreshadows Akash’s later burn/settlement mechanics. He adds “we’re not competing with UST in any way” — dated weeks before UST imploded.

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