Quick TakeStablecoins are an integral part of the cryptocurrency space, with a combined market share of $150B.That said, most stablecoins are fraught with centralization risks or capital inefficiencies.Protocols such as UXD and Lemma have utilized funding rate arbitrage to create a truly decentralized stablecoin.However, such solutions encounter the challenges of unsustainability and/or shallow liquidity.This is where ideas of a DeFi-focused blockchain, such as that which Sei proposes, could be useful for such stablecoins.
