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by ENOTTY
1494 days ago
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UST's (Terra) peg is the one that is totally broken. It's an algorithmic peg, with its reserves in Bitcoin. USDT's (Tether) peg is fine right now (how much do you believe in commercial paper of unknown origin). And USDC's peg is also fine right now, and they claim to be backed by treasurys and actual cash. |
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I hope if you've got some you've read their terms and conditions.
Do you remember the 42Mil fine they paid a couple of years ago for not actually holding reserves? I'm sure they're honest now though