Developers of the fast-growing stablecoin UST say the coin’s $1 value peg isn’t “backed” by anything – just a blockchain-based algorithm. So why does it need a multibillion-dollar bitcoin reserve, in case of an emergency? How would that work?
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can Tether stay on top?
The following is a guest post and opinion of Anastasija Plotnikova, CEO and Co-Founder of Fideum.2025 has been dubbed “the...