星球日报|Feb 09, 2026 00:02
[Vitalik: Algorithmic Stablecoins Are True DeFi]
Odaily Planet Daily News – Vitalik Buterin posted on the X platform, stating that algorithmic stablecoins are true DeFi. He believes that if there is a high-quality algorithmic stablecoin based on ETH as the underlying asset, even if the vast majority of liquidity is supported by CDP holders with negative algorithmic dollars, the ability to transfer counterparty risk to market makers remains an important feature. Even if algorithmic stablecoins are backed by RWA (Real-World Assets), if over-collateralization and diversified allocation can ensure sufficient collateral in the event of a single RWA failure, it would still represent an effective improvement in risk characteristics for holders. He pointed out that the industry should move in these directions and gradually move away from using the U.S. dollar as the unit of account, transitioning toward more generalized diversified indices. Additionally, the current practice of depositing USDC into Aave does not fall under the aforementioned classification.
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