DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and USDC. Despite high-profile hacks and a $20 billion drop in total value locked, DeFi advocates argue that critics are overstating security risks and ignoring the sector’s broader growth. DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. Treasuries backing coins like USDT and U…
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