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Arche Protocol - The First Stablecoin on Movement Labs

The First Stablecoin on Movement Labs Shortly before Movement Labs mainnet arrives The MOVECAST sat together with GM by Arche Protocol. We discussed one of the most important elements within DeFi: Stablecoins. GM explains how stablescoins are designed, why LUNA crashed due to its design and how Arche's stablecoin will differ to other stables as USDC or USDT. Their stable $MSD is supposed to be on ‪@movementlabsxyz‬ mainnet from the beginning, so you can mint $MSD with your $MOVE you received from the MOVEdrop. Do you use stablecoins within DeFi? Do you think we need stablecoins? Let us know in the comments! 👇 TIMESTAMPS 00:00 - Intro 00:25 - GM and his way into Crypto, Movement and Arche 04:30 - From Legal advisory to building a DeFi product 07:52 - Why Stablecoins are essential in DeFi 14:00 - MSD compared to USDC and USDT 17:30 - How to avoid a LUNA-ish Crash 27:30 - Security of Movement Coding Language 31:30 - Beginning to build on Movement Labs 38:10 - How DeFi can do a difference for retails users #Blockchain #Crypto #memecoin #Movement #movementlabs #MOVECAST #nft #MovementCommunity #gmove #art #tge #mainnet #movedrop #airdrop #aptos #sui #wallet Follow on X: https://x.com/The_Movecast Follow Gorilla Moverz on X: https://x.com/GorillaMoverz Follow Usedtowels on X: https://x.com/BehemothBtc Follow zadam on X: https://x.com/gorilla_zadam Follow Arche Protocol on X: https://x.com/ArcheProtocol Follow GM on X: https://x.com/gmarcheangel GMOVE and wassa wassa!