Super impressed with @stbl_official's latest update 1. Update 1: Tri-Factor. When the peg drops, minting fees increase to suppress new issuance. When there's a premium, minting fees are reduced to increase market supply. This is essentially a calculated stability mechanism, yet it's applied to an over-collateralized stablecoin protocol. Traditionally, stablecoins maintain stability by offering great rewards to LP pools, thickening LPs to stabilize the token price. AmericaT uses a calculated stability approach, handing LP behavior back to the market and rejecting bubbles. This stablecoin role is collectively referred to as Converter, designed for arbitrage and liquidity. Meanwhile, stbl is actively working on stablecoin adoption, aiming to launch on CEX in Q1 next year. Expanding stablecoin use cases. This also highlights a peculiar trend in the crypto stablecoin market: if a stablecoin has massive issuance but is only used for mining rather than actual usage, it can only be called P2P. stbl clearly has a much clearer and more transparent vision on this front!