I recently joined Liquity — a new decentralized borrowing protocol—as Head of Growth. Part of my role is understanding the competitive and collaborative landscape so we can better describe and position Liquity.
This piece is meant to organize my research and I hope it provides a birds eye view of launched and unlaunched stablecoins on Ethereum.
I’m going to keep the stablecoin categories simple:
Whether or not these five categories are perfect descriptors for the tokens that fall under them is debatable, but we’ll save that for another post. …