According to @Excellion, it's possible stablecoins closely tied to the traditional banking system, such as Tether and USD coin (USDC), could see a new competitor emerge in the form of a bitcoin-backed stablecoin issued on Liquid.https://cryptonews.com/exclusives/el-salvador-will-be-a-serious-test-for-bitcoin-s-layer-2-net-10837.htm …
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I think we're getting there. We'll just need your liquidity :P
Happy to help. Would be DAI style with liquidation event?
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I haven't thought this true completely but I'm sure
@Chris_Stewart_5 has a better idea of scaled up DLC market? -
Here is what I drew up awhile ago for how matching can occur on a CEX, but settlement/clearing happens later on the bitcoin blockchain https://docs.google.com/drawings/d/1PyUVGrzkBRFf_jIO3hdWKqyJUQqXif-NpZnfxl6gHrw/edit?usp=sharing … LMK if the permissions aren't right
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