Aegis, an early-stage project, aims to build a stablecoin free from fiat dependencies, oracles, or permissioned collateral. Its bold approach: a Bitcoin-backed stablecoin. Here’s why its design could work. A New Blueprint: Decentralized Stability via Bitcoin While most stablecoins rely on centralized systems—fiat custody, bank settlements, regulatory oversight—Aegis rejects these Bitcoin-averse frameworks. Instead, it anchors its stablecoin YUSD to Bitcoin through perpetual short contracts, b...

Aegis, an early-stage project, aims to build a stablecoin free from fiat dependencies, oracles, or permissioned collateral. Its bold approach: a Bitcoin-backed stablecoin. Here’s why its design could work. A New Blueprint: Decentralized Stability via Bitcoin While most stablecoins rely on centralized systems—fiat custody, bank settlements, regulatory oversight—Aegis rejects these Bitcoin-averse frameworks. Instead, it anchors its stablecoin YUSD to Bitcoin through perpetual short contracts, b...