Too Long; Didn't Read
2018 is the year of the <a href="https://hackernoon.com/tagged/stablecoin" target="_blank">stablecoin</a>. (If you’re not familiar with that term, start by reading <a href="https://hackernoon.com/stablecoins-designing-a-price-stable-cryptocurrency-6bf24e2689e5" target="_blank">this excellent summary</a> by my friend Haseeb Qureshi.) A handful of stablecoins have raised significant funding recently, giving the impression that the stablecoin problem must be on track to being solved. Surely at least one of the projects that have collectively raised hundreds of millions of dollars, or one of the dozens that are still in hiding, will produce an effective solution… right?