Stablecoin ticker chaos: swapping, bridging, and wallet-hopping just to move one “USD” shows how far we still are from real digital cash.

Yeah we all would prefer no more centralized stables, defi stables actually give us value on chain and often create new primitives. However, it's so much easier for Larry and Jamie types to spin up a centralized stable, so here we are.. Larry ain't all bad though, props deserved for Buidl

Top comment by @Spencer420

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• Intelligent design: stablecoins (in)stability and collateral during ... (pmc.ncbi.nlm.nih.gov)
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• How 'Stablecoins' Could Unleash Chaos | Yale Insights (insights.som.yale.edu)
• Stablecoin Stability Assessment - S&P Global (spglobal.com)

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