Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
janfromaztec
searching Neon…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
6 ms
·
1.
▲
by
janfromaztec
1y ago
Stablecoin issuers require much less regulations because their activity is auditable onchain. If they start misbehaving they get regulated by the free market - people will stop using the given stablecoin and move to a competition.
2.
▲
by
janfromaztec
1y ago
This is not really correct. When a stablecoin is issued on a public chain then the issuer cannot secretly censor transactions and the activity of the issuer in general is auditable. You also get access to all the magical DeFi stuff. Other t