defimaturation

@USDD - Decentralized USD
Looking back at the past five years in the cryptocurrency field, we can describe it as the industry's 'adolescence.' It was a phase filled with passion, rapid development, and high-risk experiments. We witnessed stablecoins attempting to maintain value solely through algorithms, relying on belief and complex arbitrage cycles.
Some succeeded. More failed.

But just as the internet evolved from the chaotic 'wild west' of the 1990s into today's structured digital economy, decentralized stablecoins are also 'graduating.' The original text describes the evolution from DAI to USDD, but the deeper narrative concerns responsibility.