We have recently looked into the current landscape of stablecoins. The number of different attempts of building algorithmic stablecoins that are decentralized and under-collateralized has increased in recent months. Algorithmic-driven stablecoins such as Empty Set Dollar (ESD), Frax (FRAX), Dynamic Set Dollar (DSD), and Basis Cash (BAC) have a combined market capitalization of over 428 […]
