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0 pointsanukin1mo ago0 comments

Usdc is backed by US dollar denominated treasuries for most major issuers.

0 comments

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

Hamuko1mo ago

Is there actually any proof of this or is it Tether-tier magic money?

j / k navigate · click thread line to collapse

0 pointsanukin1mo ago0 comments

Usdc is backed by US dollar denominated treasuries for most major issuers.

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

Hamuko1mo ago

Is there actually any proof of this or is it Tether-tier magic money?

j / k navigate · click thread line to collapse