
Another day, another stablecoin competing for adoption. #Arbitrum is pushing #USDG , with incentives designed to reward its distribution. Cool business model, I guess. 😂 But I'm more interested in a different question. Why are we still building digital dollars that depend on someone having the power to freeze, restrict or control them? Crypto doesn't need another dollar with a CEO and a kill switch. It needs stablecoins governed by immutable code, not corporate promises. That's why decentralized alternatives like $pDAI on #Pulsechain interest me far more. Of course, it would suppose that code alone can guarantee a stable peg. The mechanisms still need to work. But a truly permissionless dollar? Now THAT would be worth building.


