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anukin
136 days ago
Usdc is backed by US dollar denominated treasuries for most major issuers.
2 comments
bandrami
136 days ago
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
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Hamuko
136 days ago
Is there actually any proof of this or is it Tether-tier magic money?
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