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Comment by tinyprojects

Yes it uses USDC behind the scenes, which is regulated, fully reserved, and designed to stay at $1 (very different to USDT) - there's no Stripe behind the scenes, it's completely independent.

I totally understand where you're coming from, because I felt the exact same, but stablecoins specifically do not suffer from the same crypto crowd problem. They are just a very boring, elegant way of moving money cheaply.

parent tinyprojects 2 months ago

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