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Today in crypto, Crypto exec says stablecoins will lose tickers in the future, top Web3 white hats are earning millions uncovering DeFi flaws. Meanwhile, a crypto researcher has high hopes the US government will still form the Strategic Bitcoin Reserve this year.
Stablecoins pegged to the US dollar won’t have individual price tickers in the future, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius.
Mumtaz said that stablecoins have become commoditized, meaning that there is little difference between them from a user perspective.
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