Stablecoins are revolutionizing finance by reducing reliance on intermediaries, fostering innovation, and enhancing competition. Positioned between traditional banking and crypto, they highlight key trade-offs while enabling real-time, low-cost payments, financial inclusion, and DeFi growth. With robust design in reserve composition, stability mechanisms, and interoperability with CBDCs, stablecoins are shaping the future of Web3 and decentralized finance. This article delves into the fundamental aspects of stablecoin design, from reserve composition and stability mechanisms to legal claims against issuers and compatibility with macroeconomic stability.
Stablecoins are revolutionizing finance by reducing reliance on intermediaries, fostering innovation, and enhancing competition. Positioned between...
Tiếng Việt