Ethereum News

Aoki, Alameda Back Algorithmic Stablecoin on Arbitrum at $200M Valuation

“At the beginning, we have to prove that we are indeed, you know, stable, that we can make it happen, and so we’re gonna start on the conservative side. But then as the demand for the stablecoin increases, we’re going to shift towards a more and more algorithmic one,” Di Maggio said.

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