May 26, 2022, 8:22AM EDT
• 19 min read
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Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- The creation of adequately decentralized and secure stablecoins remains a lofty but important goal for a crypto industry that hopes to one day facilitate the majority of the world’s financial activities
- Taking inspiration from Terra’s astonishing level of growth prior to its now-infamous collapse, several L1s are now boldly pushing forward with experimental stablecoins of their own as they attempt to drive growth to their ecosystems
- This week, we take a look at Fantom, NEAR, and TRON
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