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To be clear, Tether is highly problematic, but there are other stablecoins too. While not "regulation" concerning deposits, there are so-called algoirthmic stab
by mNovak 5y ago
To be clear, Tether is highly problematic, but there are other stablecoins too. While not "regulation" concerning deposits, there are so-called algoirthmic stablecoins, which are fully collateralized on-chain, meaning the coin issuer can't just go buying junk bonds or whatever.
- notch656a 5y agoCan you recommend any stable coins that aren't collateralized by either other stable coins or floating un-backed crypto like bitcoin et al? I wish El Salvador or some entity in some favorable jurisdiction would issue a commodities backed stable coin actually redeemable, fully backed, and audited.