Buterin said that the current model for decentralized stablecoins is not sustainable in the long term.

He stated that the crypto industry needs better decentralized stablecoins. According to Buterin in an X post, decentralized stablecoins, such as Dai (DAI), and Djed (DJED), are not ideal after years of development.

The Genius Act left out decentralized Stablecoins in the U.S. but they are still not banned.

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