Ethereum co-founder Vitalik Buterin has emphasized the need for truly decentralized stablecoins within the decentralized finance (DeFi) ecosystem. Buterin argues that stablecoins should not only maintain a $1 peg but also be designed to withstand challenges such as censorship, unreliable oracles, and incentive failures. His comments highlight ongoing concerns about the resilience and decentralization of current stablecoin models in the rapidly evolving DeFi space.
Vitalik Buterin Calls for Truly Decentralized Stablecoins in DeFi
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