npub1g6…x8e9s on Nostr: If you're into trading a well designed usd token allows traders to go in and out of ...
If you're into trading a well designed usd token allows traders to go in and out of btc and usd, without requiring an on/off ramp into the fiat world.
Many people in poorer nations can't send/receive real usd so a proxy is very helpful to them.
A well designed usd token must have 1 to 1 backing. I can't comment if they all do that
Published at
2023-03-04 04:10:25Event JSON
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"pubkey": "4681de226321c15ddc053bffe6e1e471fb675ed64124a697c987764b6a4d134e",
"created_at": 1677903025,
"kind": 1,
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"content": "If you're into trading a well designed usd token allows traders to go in and out of btc and usd, without requiring an on/off ramp into the fiat world.\nMany people in poorer nations can't send/receive real usd so a proxy is very helpful to them.\n\nA well designed usd token must have 1 to 1 backing. I can't comment if they all do that",
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}