5 comments

[ 3.2 ms ] story [ 18.7 ms ] thread

  [Luna]...is fundamentally different to other stablecoins like tether and USDC which are backed by real-world assets such as bonds.

......other stablecoins like tether and USDC which claim to be backed by real-world assets such as bonds.

FTFY

If they’re worth $0, I’d like to buy a million of them.
cost vs worth might bite you
Bought 400k last night with the money for a few beers, just for the lulz. Hard to imagine this would have been worth 40 mil usd just a week or two ago.