When USD stablecoin on Avalanche?

With Avalanche’s excellent performance and validator security characteristics, we could do L1 fast and cheap payments denominated in USD as a subchain of Avalanche. Combined with a Avalanche mobile wallet, this could be pretty cool.

To clarify, DAI and other ERC20 based stablecoins run on the C chain which is not as fast as Avalanche’s DAG based consensus, it’d need its own subchain.

Also no Tether pls :smiley:

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StableCoins are coming.

Here are some news for the first ones.


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