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Re:Report on Stablecoins [pdf] by chizhik-pyzhik on Monday November 01, 2021 @05:20PM (#29073261)
In theory, cryptocurrency should be more resilient through greater transparency; anyone can inspect a smart contract and see how it works, what collateral it holds.

In practice, non-algorithmic stablecoins like Tether have very little transparency. I hope in the long run the market will gravitate towards algorithmic stablecoins like DAI.

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