> There is already USDC, USDT, DAI that are all US dollars. They would dearly like you to believe that they are dollars. To date the dollar-backing of USDT a

> There is already USDC, USDT, DAI that are all US dollars. They would dearly like you to believe that they are dollars. To date the dollar-backing of USDT at least has not been substantiated and I don't think I know anyone in the cryptocurrency space who thinks any of those are actually real and responsible--they're just trying not to be the ones caught with the bag when the music stops and actual money is called in.