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1. ddtayl+(OP)[view] [source] 2026-02-04 03:53:53
YC may not expecting USD to be stable on it's own.
replies(2): >>jszymb+jb >>epolan+5A1
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2. jszymb+jb[view] [source] 2026-02-04 05:52:29
>>ddtayl+(OP)
I imagine the stablecoins they plan on distributing will be pegged to the USD.
replies(1): >>arbol+Lk
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3. arbol+Lk[view] [source] [discussion] 2026-02-04 07:19:10
>>jszymb+jb
Maybe they'll do a pot of stable currencies to protect against USD devaluation
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4. epolan+5A1[view] [source] 2026-02-04 15:52:25
>>ddtayl+(OP)
Isn't the whole point of stable coins to:

1. be pegged to the us dollar?

2. be created against a real usd equivalent? You get 1M in USD. You convert it to 1M USD stable coins. You invest the 1M in USD in t-bills at low yield, but still yield. The receiver of the stable coin can spend it as the "real" usd. The stable coin issuer profits on the t-bill yield.

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