With Stablenuts (USD Ecash backed by BTC), we can finally conclude that Ecash is indeed a shitcoin.
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Noob question: what does "backed" mean in this case. That you can always exchange your $1 ecash for $1 of bitcoin at the mint?
Yes, exactly. There are several ways to achieve this:
- Stablesats [1]
- DLCs [2]
- Stablechannels [3]
[1]
[2]
[3] 

Stablesats :: Transact USD over Lightning without stablecoins or fiat integration
Stablesats enables Lightning users to hold, send and receive dollars without the use of stablecoins or fiat integration. It aims to solve one of th...
10101 - Decentralized finance built on Bitcoin
GitHub
GitHub - toneloc/stable-channels: p2p stable channels on the Bitcoin Lightning Network
p2p stable channels on the Bitcoin Lightning Network - toneloc/stable-channels
could you elaborate please?