The New Madness of Crowds - Marginal REVOLUTION
USDC and USDT are two well-known stablecoins. USDC is fully backing by safe, liquid assets, which are verified monthly by a major U.S. accounting firm under the scrutiny of U.S. state regulators. USDT (Tether) is an unregulated stablecoin with questionable asset backing and opaque operations, founded by an actor from the Mighty Ducks and supported […]