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They address this on the site: >bUSD is not a stablecoin. It can never be redeemed for USD, and may trade at values other than $1 for extended periods of time.
by etskinner 1y ago
They address this on the site:
>bUSD is not a stablecoin. It can never be redeemed for USD, and may trade at values other than $1 for extended periods of time.
- scyclow 1y agoFrankly, this is better than a stablecoin since the value is locked on the blockchain forever no matter what.