Regulators and Crypto: a Rocky Road Ahead For Stablecoins? | Elliptic

Crypto is designed to break down barriers, allowing the best money to rise to the top. We see this behavior in stablecoins, where >99% of stablecoins are US dollars. There isn’t a whole lot of organic demand for fiat currency #109. Many people are artificially restricted from holding dollars offchain, which is a major reason for the success ... See more

As crypto becomes mainstream, regulation is coming. A united industry that has thought deeply about coordination and scaling issues, and has developed sophisticated institutions that can engage with existing structures will be invaluable. Institutions could support growth, innovation and help to bring crypto mainstream in a way that retains the ben... See more

Fiat-collateralized stable tokens are relatively easy to set up, but they have a centralization problem. This is also why some refer to them as “centralized” stable tokens. An institution – usually operated by a private company – needs to manage the physical assets that act as collateral of the stable token, usually in a bank account or secure vaul

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Civil sits at the intersection of two major trends: 1) decentralized economies powered by blockchain, and 2) quality journalism and civil discourse in an era of unprecedented division. Both are volatile and face adversaries who wish to hamper their growth and sustainability.

The prices of cryptocurrencies are extremely volatile. In order to mitigate this volatility, stablecoins pegged to other stableassets such as the USD were created. Stablecoins help users hedge against this price volatility and allow for a reliable medium of exchange. Stablecoins have since quickly evolved to be a vital component of DeFi that is piv

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