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Said lending is denominated in stablecoins, not BTC. It's secured with a crypto, but that's not relevant. Unlike fractional reserve (which was the topic under d
by Karunamon 5y ago
Said lending is denominated in stablecoins, not BTC. It's secured with a crypto, but that's not relevant. Unlike fractional reserve (which was the topic under discussion), this does not result in an increase to the money supply. No new BTC is created.