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Why One Stablecoin Is Being Backed by Bitcoin

The Breakdown

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Decentralized Stable Coins - A Decentralized Reserve

Luna foundation guard l f g, has closed a one billion dollar private token sale to establish a decentralized us t for x reserve denominated in b t c. This is very much dramatizing some of the central issues that people who are wary of cbd cs have long pointed to. One thing this is teeing up in a huge way is a discussion around central bank digital currencies. Expect more on that in the months to come.

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