@taskmaster4450le's thread

Leo bringing out its own stablecoin is an important step. This is something that is overlooked by many. Metamask leaked that it is bringing out mmUSD.

Platforms that provide financial services will all have their own stablecoin. There will be a few that dominate, such as USDT or bank coins, but the others will have their niche.

With Leo, the entire ecosystem can be powered by the payment system using LUSD (or whatever). They key is that it can be fund backed, using Leo based assets as the core.

This provides even greater utility these tokens.

Suggestion to @khaleelkazi for the stablecoin backing: $SURGE. Debt instruments are ideal collateral due to the yield component.