Strategic Importance of Decentralized Stablecoins

Hi everyone,

A joint article by Curve, AAVE, Liquity, and Protocol f(x) has been written about the threat that centralized stablecoins pose to Ethereum’s security, and how decentralized stables can actually solve this problem and strengthen Ethereum’s security. Would love for folks to take a read and let me know your thoughts. Would really like to have some deeper conversations about this subject, especially with folks intimately involved with the Ethereum Foundation.

https://x.com/protocol_fx/status/1961051743199932677?s=46

Thanks, Kmets f(x) Protocol Core Contributor