GM Defiers!
Today, we dive into MetaMask's upcoming Snaps protocol. Developers can use snaps to build out new web3 experiences, including cross-chain smart contract execution and advanced security features.
We also explore the new stablecoin report from Kaiko, which found decentralized exchanges account for only 5% combined stablecoin trading. However, a new breed of DeFi-native stablecoins seeks to capture market share from centralized exchanges.
✍️ In today’s newsletter:
- MetaMask targets advanced cross-chain features with Snaps
- Stablecoins make up three-quarters of trading on centralized exchanges
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