the us gov pays the balance on usd stable coins. ethereum doesn't hold any usd reserves like the countries of all other fiat currencies. does this mean a portion of usd is pegged to eth?
28.11.2023 22:49 — 👍 0 🔁 0 💬 0 📌 0@emhane.bsky.social
https://mastodon.social/@emhane
the us gov pays the balance on usd stable coins. ethereum doesn't hold any usd reserves like the countries of all other fiat currencies. does this mean a portion of usd is pegged to eth?
28.11.2023 22:49 — 👍 0 🔁 0 💬 0 📌 0with usd stable coins, usdc, pyusd, etc...is the dollar now backing eth or is eth backing the dollar?
28.11.2023 22:24 — 👍 0 🔁 0 💬 0 📌 0cry a river, build a bridge, get over it
30.09.2023 14:27 — 👍 1 🔁 0 💬 0 📌 0one thing I can't stop thinking these days, is ZK to existing blockchain tech what video was to radio?
music.youtube.com/watch?v=qGBo...
AFK engagement in blockchain week at this point: A for effort A for attainment
16.09.2023 07:42 — 👍 0 🔁 0 💬 0 📌 0my afk engagement in blockchain week so far: E for effort A for attainment
13.09.2023 21:29 — 👍 1 🔁 0 💬 0 📌 0all blockchain engineers
youtu.be/9zFyH2LR4nQ?...