Post by @cointelegraph • Hey

Decentralized finance protocol Aave has finally launched its new algorithmic dollar-pegged stablecoin GHO on Ethereum. [Aave Protocol launches stablecoin

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I love Aave, but I don't understand the rush to issue more stablecoins. One stablecoin should be sufficient. Why would someone hold any stablecoin that is not the most reliable one (currently USDC)? It will not increase in value, so there is no gain in taking on any additional risk.
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