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Looking at luna, they had a lot of stable coins

in different currencies, like a eur stable coin, dollar, thai bhat, krw, swiss franc, etc etc. People could use chai to pay with these currencies in stores etc.

So they afford a payment solution in mant countries.

Do you guys elrond can do the same with so mant currencies and if so how to make sure the stables are safe/backed?

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Some that will likely deploy soon on the network https://elrond.com/blog/elrond-european-payments-defi-stablecoins-emoney Pegged to electric price https://elrond.com/blog/defi-payments-meta-stable-coin-mtr-comes-to-elrond-via-meter-blockchain-partnership Backed by gold https://elrond.com/blog/tokenized-precious-metals-aurus

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