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The reality is they don’t need to. Pegged tokens are the ultimate way to fractional reserve. See tether. Plenty of binance pegged tokens to handle any loss. Bes
by randomhodler84 5y ago
The reality is they don’t need to. Pegged tokens are the ultimate way to fractional reserve. See tether. Plenty of binance pegged tokens to handle any loss. Best thing is when binance has to buy themselves whole, they just just burn the tokens on their chain. Genius. Not your keys, not your coins.
Also that t+2 thing is just allowing shenanigans. When Rh forces the industry into instant settlement next year (hope!!) we will see who is truly been playing funny money. Looking at you citadel.