Introducing 1IS, the 1inch Stablecoin! 🪙 Stablecoins play a crucial role in the transition to blockchain-based money infrastructure and a stable DeFi ecosystem. 🔄 That is the reason why we are introducing a stablecoin which will facilitate a decentralized economy, allowing everyone to buy, sell, and hold stablecoins without relying on any centralized entities. This is the next step towards 🌐 mass adoption of crypto, and we want our community’s significant involvement, as we strive towards financial freedom! Currently, 1IS is pegged to 💵 USD at a 1:2.54 ratio to ensure its high price stability. However, we are considering pegging it to a different fiat currency, and welcome your suggestions in the comments below. 💬 📖 Read more on our blog: https://blog.1inch.io/introducing-1is-the-1inch-stablecoin/ P.S. Guys, please don't take this information too seriously. Just check your calendar and relax, it's an April Fool's Day joke, and nothing more. 🤟 1inch | Twitter | Discord | Medium | Reddit | YouTube Download the 1inch DeFi Wallet: 🛒 iOS | 🛒 Android