Joseph Lubin(@ethereumJoseph ):The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage. But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices. We are working on the latter. Then we will work on the former.

Joseph Lubin

@ethereumJoseph

Co-founder of @ethereum | Founder of @Consensys | Chairman of @ConsensysMesh | Chairman of @SharpLinkGaming $SBET. Building on #ETH#. Views expressed are my own.

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Joseph Lubin@ethereumJoseph

2025.08.12 18:52

The stable end game for stablecoins will be systems like Maker/Sky with overcollateralized CDPs. These systems will have broad token ownership and permissionless usage. But we need a huge amount more decentralized economic bandwidth in the form of ETH and BTC at much much higher prices. We are working on the latter. Then we will work on the former.

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