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A recent series of exploits have seen over 5,000 ETH drained from wallets by unknown means. While this is a worrying development, 5,000 ETH (currently around $10 million) is a drop in the ocean of crypto hacks and scams, through which users lose billions of dollars of digital

Stablecoins combine the flexibility and convenience of blockchain transactions with the price stability of fiat currencies. They play a crucial role in enabling DeFi users to store value, and trade and stake liquidity freely and frictionlessly, without being subject to the volatility for which crypt…