stablecoin issuers would get this new credit, purchase treasury bonds and increase the supply of their stablecoin
Illya Gerasymchuk
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