Hello, World!In our previous post, we reviewed different stablecoins types, their pros and cons, and showed the evolution of stablecoin technology. Today, we are excited to introduce USDfil, the first stablecoin on the Filecoin Virtual Machine (FVM), pegged 1:1 to the US Dollar. USDfil leverages Filecoin’s Proof of Storage and futures contracts to maintain a stable value. By relying on Filecoin’s proof of storage, USDfil is backed by the largest Decentralized Physical Infrastructure Network (...

Hello, World!In our previous post, we reviewed different stablecoins types, their pros and cons, and showed the evolution of stablecoin technology. Today, we are excited to introduce USDfil, the first stablecoin on the Filecoin Virtual Machine (FVM), pegged 1:1 to the US Dollar. USDfil leverages Filecoin’s Proof of Storage and futures contracts to maintain a stable value. By relying on Filecoin’s proof of storage, USDfil is backed by the largest Decentralized Physical Infrastructure Network (...