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RE: Why I Welcome The Possible Tether Implode

in LeoFinance3 years ago

Well that is the issue with most stable coins and I know Tether itself has a lot of issues. I do think there may be a few other stable coins that may be fine but I don't see them doing well when people take money out.

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If people take out the stable coin they are meant to be burned so it keeps the 1-1 backed ratio