Ethereum co-founder Vitalik Buterin said in a new blog post that DAO-governed stablecoins backed by real-world assets and zero-knowledge decentralized identities would form a crucial part of Ethereum’s future.
Buterin argued that the collapse of FTX has sensitized crypto users to the merits of decentralization. He also believes that a stablecoin issued by an entity with a robust decentralized government would allow many users to benefit from saving and using it as a currency.
Buterin…
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