tldr; Beanstalk, a credit-based stablecoin, has rebooted on the one-year anniversary of its launch. It was hacked for $182 million four months ago. Stablecoins are designed to hold a 1-to-1 peg with fiat currencies, such as the US dollar.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*