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But stablecoins are identical to central banks. They involve a central authority pinky promising not to print more of the token. And surprise surprise they do p
by cuteboy19 5y ago
But stablecoins are identical to central banks. They involve a central authority pinky promising not to print more of the token. And surprise surprise they do print as many as they want (USDT/USDC)
- nathias 5y agonot the synthetic ones which are just smart contracts for decentralized loans