now imagine when credit institutions can tokenize new credit and allow automated stablecoin issuance backed by that credit

now imagine when credit institutions can tokenize new credit and allow automated stablecoin issuance backed by that credit

in practice it's code in smart contract that wraps one token with another

i created a similar project on an Ethereum hackathon ⬇️
https://github.com/iluxonchik/eth-lisbon-hackathon-23