Is mStable truly innovative or simply redundant? (Cryptoslate)

Originally published at: https://www.channel-sea.cc/is-mstable-truly-innovative-or-simply-redundant-cryptoslate/

New protocols are constantly coming online in DeFi, with protocols using stablecoins being the most common. There are currently over 70 stablecoins in circulation, but no protocol supports all stablecoins. Because anchoring the same asset in different protocols can appear as different tokens, users often need to swap between these tokens. mStable is built to…