Replies to post #1968 on ~All Crypto~De-Fi~Reflections~Micros~Large Cap Cry

[user823285]

Backed 1:1 by real dollars flowing in and out Binance exchange. Same as Tether, although one can question if those are 100% backed.

UST has algorithm pedging against Luna. Crazy. Thinking about it.

[user823285]

I only just caught your remark on the Binance tweets. But they are two different things.

One states crypto is safer than fiat (fraud, ilegal use etc), the other relates to having a BUSD stable coin that is truly 1:1 pedged with fiat

:-)