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X @Token Terminal ๐Ÿ“Š
RT Joseph Lubin (@ethereumJoseph)The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage.But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices.We are working on the latter. Then we will work on the former. ...
X @Joseph Lubin
Joseph Lubinยท 2025-08-12 18:52
The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage.But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices.We are working on the latter. Then we will work on the former.Jameson Lopp (@lopp):The final phase of stablecoins will be dropping the blockchain altogether.https://t.co/azlS7v36iq ...