Cross-border payments in ~1k words (opens in new tab)

(notes.mtb.xyz)

1 pointsmthomasb1y ago1 comments

1 comments

>A stablecoin is a digital currency backed 1:1 by fiat currency like USD, so its value is constant

How does the conclusion follow from the backing situation? It's only constant related to the amount of USD it amounts to.

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(notes.mtb.xyz)

1 pointsmthomasb1y ago1 comments

>A stablecoin is a digital currency backed 1:1 by fiat currency like USD, so its value is constant

How does the conclusion follow from the backing situation? It's only constant related to the amount of USD it amounts to.

j / k navigate · click thread line to collapse