Deep Tide TechFlow news: On June 02, Vitalik Buterin once again proposed the idea of “synthetic stable assets,” saying that their stability anchor may not necessarily be the US dollar. He noted that users’ core need for stablecoins is price stability for future spending; however, if the crypto ecosystem is built on stablecoins backed by the US dollar, it is difficult to achieve true decentralization.

Vitalik Buterin further suggested that price indices and prediction markets could be established around major categories of goods and services, and that users’ local large language models could generate personalized prediction market share portfolios representing expected future spending based on individuals’ or enterprises’ spending situations, to replace the need for fiat currency stability.