GrammarPolice@lemmy.world to memes@lemmy.world · 2 days agoGuess I'm sleeping on the couch againlemmy.worldimagemessage-square151fedilinkarrow-up1971arrow-down116
arrow-up1955arrow-down1imageGuess I'm sleeping on the couch againlemmy.worldGrammarPolice@lemmy.world to memes@lemmy.world · 2 days agomessage-square151fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up2·6 hours agoOh yes. Not all stablecoins are good. But the original point was that crypto was dumb because it was volatile. USDC is backed by banks and is regularly audited. They are not shady or anonymous. The downside is that it is that stablecoin are federally insured, although USDC accounts were bailed out when SVB went bust.
Oh yes. Not all stablecoins are good. But the original point was that crypto was dumb because it was volatile.
USDC is backed by banks and is regularly audited. They are not shady or anonymous.
The downside is that it is that stablecoin are federally insured, although USDC accounts were bailed out when SVB went bust.