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Yes. This. A peggable USD coin with a decentralized exchange for BTC would be most valuable.
by deweller 9y ago
Yes. This.
A peggable USD coin with a decentralized exchange for BTC would be most valuable.
- 6nf 9y agoThere is a coin like this - Tether. As the name implies it's tethered to the USD so one Tether is always traded at around one USD.
- the_stc 9y agoExcept they are shady as hell and have not published anything to establish that they are solvent. It is fine to use right now to hedge against small changes. If something crashes hard then people try to get out of Tether, it will fall apart. No one has shown proof of being able to withdraw from Tether. That's why a Tether that is done properly would be very valuable indeed.