Was inevitable, but third party stablecoins will be coming to soon.
Builders take heed, new opportunities such as peg arb and stableswaps are now on the table
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Conversation
Will this hinder/stall growth of UST mc?
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Not even a smidgeon
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In general it will help with peg. But with amplified AMM for stables I could imaging a situation where it could pull down ust with the rest (like what we just witnessed during this last flash)