SOLVING THE STABLECOIN QUESTION: STABLECOIN FUNCTIONALITY

Summary from the TLDR Crypto newsletter

This article suggests that stablecoins should simply be digital versions of the assets they are linked to without additional utilities which could dilute the benefits of the base stablecoin. It goes on to propose five key utilities for stablecoins: Medium of Exchange, Store of Value/Peg Stability, Capital Efficiency, Fiat On-Ramp/Off-Ramp, and Censorship Resistance.