Kristine Thomassen
6 min readFeb 17, 2022

Any decentralized stablecoin out there?

Published Dec 7 2020

Written By Kristine Thomassen

The answer to this question is a yes. But first, let’s take a look at why we need to care about decentralization, again. On Dec. 3rd 2020 a bill was introduced to the US Congress regarding stablecoins:

“It shall be unlawful for any person to issue a stablecoin or stablecoin-related product, to provide any stablecoin-related service, or otherwise engage in any stablecoin-related commercial activity, including activity involving stablecoins issued by other persons, without obtaining…