I have been saying for a while now that USDT is not a real stable coin. I don't know if any "stable coin" is truly backed by anything.
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I have been saying for a while now that USDT is not a real stable coin. I don't know if any "stable coin" is truly backed by anything.
Dai is backed by $eth so in a sense it should be considered more relevant then usdt.
Not gonna end well...
Maybe if crypto reaches $10trillion mcap.
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IDK I think stable coins are a risk in their own way. Seems alot chains are trying to bring out their own.