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If I have a bunch of USD stablecoins, where do I turn them in to get paper USD? If that’s even possible, is it to a single organization with 1:1 reserves in US
by ericd 5y ago
If I have a bunch of USD stablecoins, where do I turn them in to get paper USD?
If that’s even possible, is it to a single organization with 1:1 reserves in US treasury paper?
If so, how is that more “self-custody” than a bank?
- darawk 5y agoIt's self custody in the sense that you can transact your representative tokens without consulting any intermediary, and without having to get anyone's permission.