Algorand founder Silvio Micali announces a new blockchain "Fiat Chain" plan at @ ParisBlockWeek! Only using stablecoins to build institutions Using Algorand technology: real-time settlement, strong security, high scalability It is a brand new architecture of 'Peer Chain', which is also the link between Algorand and fiat currency. This new chain: → Not L2 → Not a side chain → Completely decentralized Bilateral circulation of assets, news, and liquidity This is not a new narrative, it is a new structure. DApp cross chain deployment, shared development tools, ALGO continues to serve as the main chain fuel. Fiat Chain uses stablecoins, but behind them is the most 'hard' technological foundation Next stage of Web3, Algorand finally reveals its sword @ algofoundation