Dfinity isn’t saying anything. I hope there is some truth to it.
Not sure why circle would bother to bring USDC to a defi ecosystem this small.
Hmmm i wonder if there could be a ckUSDT …i think it can be possible
We are still holding out hope that eventually we will have a stable coin on the IC.
4 years and still no stablecoin. We need some serious prioritization and managing skills cause something just doesn’t add up.
Has anybody made a contact with Circle or Tether to issue the coin natively?
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I asked folks who know more than me and they said stable coins will come with ckERC20 (which will be done very soon). So coming soon!
OGs might remember PHI. I can’t dig it up but it was an algorithmic stable coin in the 2018 dfinity pitch decks, and a concept from the since deleted 30-min youtube rant by dom about how to fix the stablecoin problem. Would love to see the founders re-ignite that idea.
Still no stablecoin? ckUSDC and ckUSDT cannot replace the ease of use of stablecoins like USDC
The data speaks for itself and having less than 1M in volume in icDEFI is a shame for such a blockchain. Just for comparison ETH does 1.6B(1600x) in volume a day