An interesting and informative article, thank you.
There is an inherited duality in stablecoins that I don't quite get.
- They should be priced as close to 1 as possible
- They should be attractive for the market
These two prerogatives don't add up :)
@tipu curate
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The stability aspect of them is what is atractive. It helps the market participants to pivot in and out of the more volatile assets.
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