So, DeFi could be more decentralized; however, fiat-backed, centrally-issued stablecoins are not helping move the needle on this issue, and it's not just the crypto community that has noticed.
In Part 1 of this article, we'll cover some reasons why decentralized stablecoins matter by looking at the importance of stablecoins in DeFi and the importance of decentralization.
Note: This article is not financial advice. Hubble Protocol does not endorse any tokens or platforms mentioned in this article.
Stablecoins can be developed in many different ways. In a previous article on stablecoin capital efficiency, Hubble took a look at how stablecoin developers face a trilemma between focusing on