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One version of a stablecoin is. There are lots of other forms (ex: algorithmic stablecoins) that are transparently backed by other assets that you yourself can
by xur17 5y ago
One version of a stablecoin is. There are lots of other forms (ex: algorithmic stablecoins) that are transparently backed by other assets that you yourself can audit.
- dalbasal 5y agoThe value of other assets can change. Only the USD is USD. It's still the case that users take all the long tail risk, and earn none of the reward.