Ep. 390 - Shaking Up Traditional Financial Institutions with Rafael Cosman of TrustToken
CRYPTO 101
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What's the Benefit of Stable Coins?
tr us d was actually the first am us d stable coin to come along, after tether. We think they ctually learn a lot from our model ofand we're happy to see that market become more competitive and have other strong offerings. It's basically, if anyone in the world can send in, let's say, a ten thousand dollar wire, and then we will mint for them ten thousand new true us Drit back by those dollars. That money is just held at our banking partners, so it's very secure.
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