examining stablecoin stability
Lately there has been renewed excitement and interest around stablecoins. This is partly due to some recent developments, including but not limited to: a crypto-friendly incoming administrative regime here in the United States as well as potentially clarifying legislation like FIT21 new issuance and adoption of stablecoins by large incumbent fintech players like PayPal’s PyUSD payment processor Stripe’s recent $1B+ acquisition of stablecoin infrastructure company Bridge and Y Combinator’s recently expanded request for startups adding stablecoin finance as an area of interest...