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The Importance of Stablecoins in the Cryptocurrency Industry
Stablecoins undermine the censorship resistance of any chain they're on. If your chain has stablecoins on it it is worse than it would be otherwise. i'm much more keen to see them disappear for the most part, says castcoin co-founder and CTO John Defterios. "I don't even think the price ... illiquidity is a good thing," he adds.