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Stablecoin Architectures & Failure Modes

Fiat-backed, crypto-collateralized, algorithmic — what backs a stablecoin and how each one breaks.

L1
The three families of stablecoins
Available
Start
L2
How fiat-backed stablecoins really work — and how they break
Locked
L3
The math and failure modes of crypto-collateralized stablecoins
Locked
L4
Algorithmic, hybrid and the future of synthetic dollars
Locked

Ecosystem Highlights

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