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Cross-border payments in ~1k words (notes.mtb.xyz)
1 points by mthomasb 578 days ago
1 comments
coldtea 578 days ago
>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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