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I'm saying, if you're making a US dollar backed stablecoin, you could do it with minimal risk and still profit handsomely by just holding US treasuries. Instea
by dfdaffg423rag 4y ago
I'm saying, if you're making a US dollar backed stablecoin, you could do it with minimal risk and still profit handsomely by just holding US treasuries.
Instead, we have stablecoins backed by all sorts of things like commercial paper in cryptocurrency exchanges.
- namdnay 4y agoWho is going to put their money in a stable coin paying 0.2% interest when the guy next door is offering 20%? Answer:anyone sane, but they wouldn’t be there in the first place