Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin - Aliens: AI Crypto News & Markets Updates

Algorithmic Stablecoin Resiliency More Important Than Growth: Vitalik Buterin

Crypto Briefing

Thu, May 26, 2022

Aliens TLDR

Vitalik Buterin has defended the concept of algorithmic stablecoins in a blog post today.

Vitalik Buterin has shared his thoughts on algorithmic stablecoins in a blog post, arguing that protocols should strive for resiliency above all else.

Creator and co-founder of Ethereum Vitalik Buterin took to his blog today to address the criticism algorithmic stablecoins have faced since the collapse of Terra’s UST stablecoin.

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