Do Kwon Working on a New Stablecoin Plan

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Terra Research Forum member FatMan tweeted : Do Kwon is working on a design plan for a new decentralized stablecoin that will be built on the Terra 2 network.

On May 28, FatMan stated that Terraform Labs’ synthetic asset protocol Mirror contract has a long-term loophole, and the loss may exceed 30 million US dollars within 7 months.