# How to create a stablecoin?

**URL:** <https://forum.algorand.co/t/how-to-create-a-stablecoin/5967>\
**Category:** General\
**Created:** [February 6, 2022, 9:38am UTC](https://forum.algorand.co/t/how-to-create-a-stablecoin/5967 "2022-02-06T09:38:13Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![Mkousaki](https://avatars.discourse-cdn.com/v4/letter/m/e19adc/32.png) [@Mkousaki](https://forum.algorand.co/u/Mkousaki)\
**Post date:** [February 8, 2022, 4:36pm UTC](https://forum.algorand.co/t/how-to-create-a-stablecoin/5967/3 "2022-02-08T16:36:08Z")

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That would require a lot of money wouldn’t it? Now it’s a two men project, people don’t tend to finance projects unless they see that is working (is making money).  
Q1- So the money need to be on a bank account not on an Algo Wallet?  
Q2- And how can I link the two?  
Q3- What about algorithmic pegging? Needs a lot of monetary investment also?

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