Stable Coins On Bitcoin's Lightning Network Could Be Dangerous w/ Dylan LeClair and Magoo
Bitcoin Magazine Podcast
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Is Ethereum a Security?
The reason there is no decentralized stablecoin on Ethereum or really any crypto ecosystem, it's the fact that you cannot maintain a stable currency peg. The merge essentially transferred block production from the minor level to an exchange where stake centralizes. And so here we have with maybe like, die, right? Die. It's an over collateralized stableCoin. But what does it collateralize with collateralize and centralized USDC?
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