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Yep! Most of USDC & USDT is just US Debt. DAI despite being decentralized is mostly backed by US debt by proxy. BUSD is at least just keeping their USD in bank for the most part.
Yep! Most of USDC & USDT is just US Debt. DAI despite being decentralized is mostly backed by US debt by proxy. BUSD is at least just keeping their USD in bank for the most part.
RE: Millions of Crypto Investors Got Duped Into Buying US Debt 😱