
FinCEN could rule that henceforth, if anyone wants to access tether, USD coin, or any other official stablecoin (TrueUSD, Paxos standard, Gemini dollar, Binance USD, HUSD) they will need to apply for a verified stablecoin account.
It’s not evident how a stablecoin issuer can conduct KYC on a smart contract.
This hoard of stablecoins serves as collateral backing for dai, Maker’s decentralized stablecoin.
Compound, Curve and Uniswap might try to adapt by substituting FinCEN compliant stablecoins like USD coin with decentralized ones, say like Maker’s dai stablecoin.
If Maker, like Compound and Curve, can no longer hold USD coin, then dai itself would become less stable.
2 недели, 4 дня назад @ coindesk.com