read the paper, the Federal Reserve knows this too and isn't advocating for FEDcoin in this paper. They even know the word "composability" and have lended cred

read the paper, the Federal Reserve knows this too and isn't advocating for FEDcoin in this paper. They even know the word "composability" and have lended credibility to the term and context as morphed by the smart contract space. > . On public blockchains, this also allows for 24-hours-a-day/7- days-a-week/365-days-a-year transactions.5 Second, stablecoins are typically built on DLT standards that are programmable and allow for the composability of services.6 In this context, “composability” means stablecoins can function as self-contained building blocks that interoperate with smart contracts (self-executing programmable contracts) to create payment and other financial services.7 These two key features underpin the current use cases of stablecoins and support innovation in both the financial and non-financial sectors. > The public algorithmic stablecoin sector is highly innovative and difficult to categorize. However, one can generally think of the design of these stablecoins as based on two mechanisms: (1) the collateralized mechanism and (2) the algorithmic peg mechanism