...therefore nobody cares about decentralized algorithmic stablecoins.
The threat of regulation certainly changed that opinion. People will really start to question things when they realize those entities behind Tether and USDC will have to come under the banking laws.
Decentralized algorithmic stablecoin on a blockchain with time lock capabilities can evolve into the most precious asset in the international banking/financial system: pristine collateral.
The best part is that system is already ledger based (albeit not transparent, open, or inclusive). Few realize how Hive is one of the limited ones that actually can make a dent in this area. Suddenly we are talking a market that operates in the trillions.
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