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Beanstalk | A permissionless fiat stablecoin protocol
Beanstalk is a decentralized protocol on Ethereum that issues a fiat-pegged stablecoin using credit, not collateral, for open and permissionless access.
Get stablecoins without collateral on Ethereum
Beanstalk is a decentralized protocol designed for anyone interested in stablecoins and decentralized finance. It allows you to access a fiat-pegged stablecoin on the Ethereum blockchain, but with a twist: instead of requiring collateral, it uses a credit-based system. This means you can participate in the ecosystem and use stablecoins without locking up other crypto assets as security.
The platform is open and permissionless, so you don’t need special approval to get involved. Whether you’re a developer, DeFi enthusiast, or just curious about new approaches to stablecoins, Beanstalk offers resources like detailed documentation, a blog, and community channels to help you learn and participate. Its unique credit-based model aims to make stablecoins more accessible and flexible for everyone.
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