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Ethereum needs better decentralized stablecoins: Vitalik Buterin

Cointelegraph.com NewsIt isn’t a good idea to fully back a stablecoin with a single fiat currency, because if that nation-state fails, so will the stablecoin, argues Ethereum co-founder Vitalik Buterin. 

​It isn’t a good idea to fully back a stablecoin with a single fiat currency, because if that nation-state fails, so will the stablecoin, argues Ethereum co-founder Vitalik Buterin. 

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