Nick van Eck, the CEO of the stablecoin issuer firm Agora, recently shared insights on “yield-bearing stablecoins,” stating that they are “not money or stablecoins.” To be clearer, van Eck asserted that stablecoin issuers that offer a passive income to holders deviate from the core mission of stablecoins.
Elaborating on the matter, van Eck drew attention to the evolution of stablecoins from Stablecoin 1.0 to Stablecoin 2.0. He noted that Bitfinex and Tether were the first to introduce centralized digital dollars. While USDT is one of the best example…
The post AUSD Launch: How Agora Aims to Revolutionize Stablecoins appeared first on Coin Edition.
Nick van Eck, the CEO of the stablecoin issuer firm Agora, recently shared insights on “yield-bearing stablecoins,” stating that they are “not money or stablecoins.” To be clearer, van Eck asserted that stablecoin issuers that offer a passive income to holders deviate from the core mission of stablecoins.
Elaborating on the matter, van Eck drew attention to the evolution of stablecoins from Stablecoin 1.0 to Stablecoin 2.0. He noted that Bitfinex and Tether were the first to introduce centralized digital dollars. While USDT is one of the best example…
The post AUSD Launch: How Agora Aims to Revolutionize Stablecoins appeared first on Coin Edition.