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[parent] [thread] 2 comments
1. anukin+(OP)[view] [source] 2026-02-04 04:03:57
Usdc is backed by US dollar denominated treasuries for most major issuers.
replies(2): >>Hamuko+rf >>bandra+Ys
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2. Hamuko+rf[view] [source] 2026-02-04 06:37:32
>>anukin+(OP)
Is there actually any proof of this or is it Tether-tier magic money?
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3. bandra+Ys[view] [source] 2026-02-04 08:32:04
>>anukin+(OP)
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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