Dear Traders! Please prepare for the emergence of Stablecoins, such as CNYT, RUBT, and others, tied to more secured Reserve World Currencies than the toxic $.
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Account888
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Many don't even think about this, and that's a pity!
$BTC
Hello everyone! 👋
This publication will discuss the origin and backing of the most common stablecoins USDT and USDC.
Everyone knows that such stablecoins are backed by USD dollars.
But few think about what backs these dollars. Since the abandonment of the 'Gold Standard' in 1971, for more than 50 years, dollars have been absolutely unbacked and unsupported, as they have been completely untethered from gold.
Hello everyone! 👋
This publication will discuss the origin and backing of the most common stablecoins USDT and USDC.
Everyone knows that such stablecoins are backed by USD dollars.
But few think about what backs these dollars. Since the abandonment of the 'Gold Standard' in 1971, for more than 50 years, dollars have been absolutely unbacked and unsupported, as they have been completely untethered from gold.
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