Building a Perfect Stablecoin w/ Austin Campbell - Flyhweel #54
Flywheel DeFi
00:00
The Misconceptions About Tether
There's this social contract between issuers and holders. Holders, they want stability. That's the only reason why they're holding the stablecoin. You need to protect them for bad at all costs. They've seen since that whole USDC D-PG, it's been down only ever since for USDC and it's been up only for Tether.
Transcript
Play full episode
