The unicorn stablecoin “1IS,” which is SBF-resistant, has just been released, according to the top DEX tracker 1inch.
1inch has launched the “1IS” stablecoin, which is pegged to the USD at a 1:2.54 ratio. The 1IS intends to create a free-trade and economic interaction system supported by blockchain technology, providing users with the best swapping options for efficiently trading stable tokens.
1inch claims that the community will be able to buy, sell, and hold stablecoins without depending on any centralized entities due to 1IS’s facilitation of a decentralized economy.
Compiled by Coinbold