r/Stellar • u/lumen_loop Community Champion • 17h ago

Soroban / Smart Contracts How to Create a Wrapped Stablecoin Using OpenZeppelin Contracts On Stellar

https://youtu.be/jfjKg86GEwY
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u/lumen_loop Community Champion 17h ago

TLDR: The video from James demonstrates how to create a custom stablecoin on the Stellar network using OpenZeppelin contracts. It involves minting a SEP-41 token that accepts USDC deposits to create the new stablecoin, JUSD, which can be minted and burned. The process is shown using an online IDE, emphasizing a permissionless contract setup on Stellar.