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It’s not elastic, but a sort of universal credit of sorts. Deposit anything in their AMM get a permissionless stablecoin in return.
Add a billion of assets, get a billion mcap of new stablecoins.
It’s not elastic, but a sort of universal credit of sorts. Deposit anything in their AMM get a permissionless stablecoin in return.
Add a billion of assets, get a billion mcap of new stablecoins.
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