Usdc has the same problems as tether irrc. BUSD is almost completely dollar backed, usdc still hold a lot of paper. https://blog.seedly.sg/best-stablecoins/ ht

Usdc has the same problems as tether irrc. BUSD is almost completely dollar backed, usdc still hold a lot of paper. https://blog.seedly.sg/best-stablecoins/ https://blog.seedly.sg/best-stablecoins/ Fwiw, I still use tether daily, the markets are far more liquid. If I'm holding it overnight I convert to busd or hard currency.