A stable coin has to have an agent, a institution, an organization that is making sure that it's one stable USDC to the dollar. And you're somewhat at the mercy of whoever's moving that around. But for something like USDC, someone has to basically have a dollar in reserve for every USDC coin that exists. If this is something that needs to be audited people to have to trust the auditor There's no guarantee unlike Bitcoin and others that are not pegged to something. Those,. those are things where the value is actually just set by the market which arguably you could trust more or less depending on your risk.

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