• 5 Posts
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Joined 7 months ago
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Cake day: January 18th, 2025

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  • It can mean a lot of things, but mostly, USDT/USDC are the two most used ones and are what we would normally call stable coins.

    It’s simple: $1 per 1 USDT/USDC. A company pinky swears that it will pay you the money when coins are presented to them. So basically they are printing money with their credit.

    It has its value, though. It is certainly easier than any other means of transferring money overseas and is actively used.