Vitalik: The industry needs better decentralized stablecoins, and there are still three issues to be addressed.

On January 11, Vitalik posted that the current crypto industry needs better decentralized stablecoins, and there are still three issues to be addressed: · Ideally, a more suitable tracking index than the US dollar price should be found: one of the visions of national-level resistance is to reduce dependence on the US dollar price. · Decentralized and tamper-proof oracle design: if oracles can be bought off with large funds, the protocol can only defend against attacks by extracting high-value assets, making the attack cost higher than the protocol’s market value. · Addressing staking yield competition issues: if stablecoins cannot offer competitive yields (currently lagging behind staking yields by a few percentage points), it will be difficult to attract funds in the long term.