The First Stablecoin on Movement Labs
Shortly before
@movementlabsxyz mainnet arrives The MOVECAST sat together with GM by
@ArcheProtocol .
> We discussed one of the most important elements within DeFi: Stablecoins.
> @gmarcheangel explains how stablescoins are designed, why LUNA crashed due to its design and how Arche's stablecoin will differ to other stables as USDC or USDT.
> Their stable
$MSD is supposed to be on
@movementlabsxyz mainnet from the beginning, so you can mint
$MSD with your
$MOVE you received from the MOVEdrop.
> Do you use stablecoins within DeFi? Do you think we need stablecoins?
Let us know in the comments! 👇
TIMESTAMPS
00:00 - Intro
00:25 - GM and his way into Crypto, Movement and Arche
04:30 - From Legal advisory to building a DeFi product
07:52 - Why Stablecoins are essential in DeFi
14:00 - MSD compared to USDC and USDT
17:30 - How to avoid a LUNA-ish Crash
27:30 - Security of Movement Coding Language
31:30 - Beginning to build on Movement Labs
38:10 - How DeFi can do a difference for retails users