Illya Gerasymchuk
Entrepreneur / Engineer
stablecoin issuers would get this new credit, purchase treasury bonds and increase the supply of their stablecoin a new direct line from newly issued credit into treasuries 😄
stablecoin issuers could intermediate the issuance process, so you don't need to get all credit institutions on-chain from the start non-algorithmic stablecoin issuance already happens off-chain and presumes trust in a third party this would just be faster. more liquidity