Before AMPL, however, the pioneer of the elastic token concept was Basis....Basis had 3 tokens: a stablecoin whose supply was elastic, share tokens that played an equity-like role...ESD has an elastic supply; new tokens are minted when the token is trading above $1....To be blunt, algorithmic stablecoins are not as safe as collateralized stablecoins.

Before AMPL, however, the pioneer of the elastic token concept was Basis....Basis had 3 tokens: a stablecoin whose supply was elastic, share tokens that played an equity-like role...ESD has an elastic supply; new tokens are minted when the token is trading above $1....To be blunt, algorithmic stablecoins are not as safe as collateralized stablecoins.

Enter ZKsync 3.0 – The Elastic Network Introduced as a protocol update in June, ZKsync Era transformed...from a single ZK rollup into the Elastic Network....growth elasticity....With a total RWA onchain value of $16.62B (excluding stablecoins), private credit presents the most sought-after...Major institutions are already building on the Elastic Network.

Part 1: Why Stablecoin Adoption Is Inevitable Fundamentally, stablecoins reduce costs across three vectors...This brings us to stablecoins....Stablecoin Issuer Layer: Given liquidity network effects, it seems logical to assume that whichever stablecoin...You’re not bullish enough on stablecoins.

stablecoins such as USDT and USDC....stablecoins only account for 4.69%....The Stablecoin Trilemma Stablecoins aim to achieve three primary goals: stability, capital efficiency...Dinero Stablecoin: Introduced as a decentralized medium of exchange on Ethereum, DINERO is a CDP stablecoin...

ZKsync Era ≠ Elastic Network, but they’re connected....ZKsync Era is the first ZK Chain in The Elastic Network. ...The Elastic Network is a growing ecosystem of interoperable ZK Chains....Why build on the Elastic Network?...In practice, the Elastic Network offers unique benefits to ZK Chains in its ecosystem.

For a more nuanced explanation of AMPL’s rebalancing mechanics, please refer to our thematic piece on elastic...

...finance application on Ethereum, with $524M in ETH locked to back ~$120M worth of Dai, a decentralized stablecoin...The growth in stablecoins has been nothing short of impressive as the group hit the $10B mark recently...While Dai is just a fraction of the stablecoin supply right now, it is the only stablecoin that is both...

Capital Efficient & Crypto Native Stablecoin Compared to the existing alternatives illustrated in...The demand to supply Terra stablecoins is completely aligned with the demand to use it and therefore...mature and stablecoin supplies, in general, were just a fraction of what they are today. ...

Aptos: The Stablecoin Capital’s Yield Playbook Aptos is home to over $1.3 billion in stablecoins....And that’s what helped Aptos become one of the leading destinations for institutional-grade stablecoin...These protocols work together, enabling strategies that range from large-scale stablecoin deployment...

And this event has underscored the censorship risk associated with centralized stablecoins as well as...This development reinforces the thesis for decentralized stablecoins — a need that is more pressing than...In a recent stablecoin piece, we wrote that some of the most prominent “decentralized” stables are in...

stablecoins like Deus Finance’s DEI and Kava Network’s USDX have suffered depegs as well....DFX Stablecoin Farm DFX Finance is an AMM that is creating an ecosystem for non-USD stablecoins to...stablecoins, and more to follow....It is simply the amount of stablecoins currently in the respective pool.

...be from one stablecoin to another as the majority of this volume is likely stablecoin to crypto, such...While the market for stablecoin exchanges is large, only a portion will ever be stablecoin to stablecoin...as most transactions will likely be some stablecoin to crypto assets.

Chart of The Day: 20B added to Stablecoin Stash The supply of the top 5 stablecoins has grown by $20B...Chart of The Day: 20B added to Stablecoin Stash The supply of the top 5 stablecoins has grown by $20B...

Chart of The Day: Stablecoin Lending Rates for the Previous Quarter Stablecoin lenders on Aave and...Alongside yields, the TVL of these stablecoin money markets has also declined....The decline in stablecoin lending returns, alongside TVL, may indicate the unwinding of leverage and...For more on stablecoins, you can read a previous Delphi Daily report here.

stablecoin projects have spiked up with tokens like FLX, LQTY and SPELL rising between 21-40% since...Holders of centralized stablecoins like USDC are prone to such censorship risk....On the other hand, the collateral backing RAI and LUSD stablecoins is entirely ETH, while that for MIM...For more on stablecoins, Delphi members can read our Delphi Pro report here.

Undercollateralized stablecoins, also known as algorithmic stablecoins, are either not backed by collateral...Centralized Stablecoins Centralized stablecoins are IOUs for assets attached to a legal entity....nature of centralized stablecoins....stablecoin backed by USDC.

Ideally, stablecoins should trade at parity to the asset they’re pegged to....stablecoin depegging and its primary causes....UST-LUNA Bank Run: UST is an algorithmic stablecoin....on USDT and USDC as they are currently the most utilized stablecoins....Origins of Stablecoins and Their Investors Stablecoins’ success can generate significant profits for...

For a more nuanced explanation of AMPL’s rebalancing mechanics, please refer to our thematic piece on elastic...