I just figured if I want a FIAT equivalent stablecoin I should go into USDC for the reasons you said:
USDC is based in the United States and has gone through some level of regulation as it is heavily linked to the Coinbase, so it’s positive they intend to go through all the regulatory approvals.
If I want a truly decentralized algorithmic "stablecoin", I would look into AMPL, DAI and maybe some new ones I do not know about.
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