| ▲ | anukin 11 hours ago | |
Usdc is backed by US dollar denominated treasuries for most major issuers. | ||
| ▲ | bandrami 6 hours ago | parent | next [-] | |
It's broadly agreed that hasn't been the case for a while now, but that at the moment it's better for everybody if we pretend it still is | ||
| ▲ | Hamuko 8 hours ago | parent | prev [-] | |
Is there actually any proof of this or is it Tether-tier magic money? | ||