The Emergence and Predictable Demise of the Stablecoin – And Its Rising Replacement
In the dynamic and ever-shifting world of Web 3.0, stablecoins have been perceived as the go-to on-chain safe haven for investors seeking protection from notoriously volatile crypto assets. Nonetheless, now several years into their plight as presumed on-chain fiat, stablecoins have failed to resolve or even improve upon their inherent defects, which have taken a...