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Why Is Algorithmic Stablecoin Important?

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Why Is Algorithmic Stablecoin Important?

Tuan Dinh
and
Lisa JY Tan
May 5, 2021
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Why Is Algorithmic Stablecoin Important?

www.newsletter.economicsdesign.com
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TLDR below. This is not financial advice.

What Is Stablecoin?

Stablecoins are crypto assets that try to reduce volatility by pegging the value to another asset. Thus, it is stable with respect to the asset. For example, the value of the stablecoin will often be anchored t…

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