Decentralized Stablecoins
Kirk discusses the challenges of using volatile tokens like ETH and Bitcoin as short-term money, emphasizing the need for more sustainable stablecoin models. He critiques the reliance on centralized stablecoins and the peg stability module (PSM) system, highlighting the importance of diversifying away from USDC risk. The conversation explores innovative structures that could enhance the stability and scalability of decentralized finance.In this clip
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Resilient DeFi with Kirk Hutchison | Layer Zero
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