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And 1 stable coin is backed by 1 dollar in the bank. That means one stable coin is backed by 0.01 real dollar.
by dandare 5y ago
And 1 stable coin is backed by 1 dollar in the bank. That means one stable coin is backed by 0.01 real dollar.
- koonsolo 5y agoUST is not backed by dollars in any way, it's backed by assets that have a corresponding value in dollars. So no, your statement is incorrect.