The future of stablecoin
February 9, 2020
With the emergence of cryptoeconomy, there is a real demand for an alternative form of money. Major cryptocurrencies such as Bitcoin and Ethereum have thus far failed to achieve mass adoption. Catherine Gu examines the paradigm of algorithmic design of stablecoins, focusing on incentive structure and decentralized governance, to evaluate the role of stablecoin as a future medium of exchange.