Stablecoins have proven their prominent roles in the crypto space. Due to their ability to bridge the network gap between fiat money and digital value, they have been one of the most important infrastructure components in all public blockchain ecosystems, and a key driver behind the proliferation of DeFi. To put things in perspective, at the time of writing, USDT (Tether) has reached $65 bn USD market capitalization, and DAI has reached $6 bn USD market capitalization. However, ~70% of stablecoins are currently issued on Ethereum. This results in a strong demand for stablecoin issuance for younger public blockchain networks, such as Avalanche, Near, and Harmony.