Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.
Collateralized USDC is assuming a role formerly held by Terra’s algorithmic UST stablecoin – raising questions as to whether decentralized finance can mature with decentralized money at its core.
The paper cites interchain security and a new issuance model for ATOM as the keys to pulling the first Cosmos blockchain out of its yearslong identity crisis.