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“Present stablecoin fashions lack transparency and equitable worth distribution, privatizing their positive aspects and socializing their losses, and going in opposition to the ethos that web3 was constructed on,” Individual mentioned within the launch. “Standard is proud to be addressing this void by offering a permissionless, real-asset backed stablecoin that shares our earnings straight with the group, and empowers our token holders to information us to the long run that they see match.”
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