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Taming Wildcat Stable Coins

• mattwilsonn888 5y ago
  > The newest type of private money is now upon us—in the form of stablecoins This is a bit obtuse to the fact that if a stablecoin is decentralized (most wouldn't get taken seriously if they weren't) and its reserves are decentralized, then the stablecoin is by definition not privately owned or controlled. You could argue a stablecoin like DAI is more public than any issuer of USD.