Stable assets currently come into existence by buying them from Mento and as validator rewards.

Giving users the ability to lock collateral in IRPs (individual reserve positions) and mint stable assets against it, would introduce a new mechanism with parameters to modulate the inflation of stable assets.

It could allow for more reserve assets to be used as collateral with granularly set minimum reserve ratios and caps, which serve to further diversify the makeup of reserves.

IRPs can also make it possible to mint Mento stable assets locally on different chains but still have them tied into the base reserve the lives on the Celo blockchain.