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Personal Finance and Investing

Norrrm

(3,473 posts)

6. An offshoot of crypto is stablecoin, pegged to some asset, such as dollars in reserve.

Reply to Norrrm (Reply #5)

Tue Nov 11, 2025, 09:34 PM

Nov 11

But whose reserve?

Who provides the collateral to back the stablecoin?

https://www.google.com/search?q=how+do+stablecoins+maintain+their+peg&sca_esv=2286498253ea9ec4&sxsrf=AE3TifMqt3PbTwIcFc0enYWw2OHtAtCV5w%3A1762914663113&source=hp&ei=Z_ETafvBBMCg5NoP1IjjkQw&iflsig=AOw8s4IAAAAAaRP_d-ncVtN5D87rhQPPhrVvg2PemhCx&oq=&gs_lp=Egdnd3Mtd2l6IgAqAggBMgcQIxgnGOoCMgcQIxgnGOoCMgcQIxgnGOoCMgcQIxgnGOoCMg0QLhjHARgnGOoCGK8BMgcQIxgnGOoCMgcQIxgnGOoCMgcQIxgnGOoCMgcQIxgnGOoCMgcQIxgnGOoCSMMfUABYAHABeACQAQCYAQCgAQCqAQC4AQHIAQCYAgGgAgmoAgqYAwnxBa6BwXVIEdgIkgcBMaAHALIHALgHAMIHAzItMcgHBw&sclient=gws-wiz

-----------------------------------
Who backs USD1?
Is it the family who profits off the sale of the stablecoin?..... NO!

https://www.google.com/search?q=who+backs+usd1&sca_esv=2286498253ea9ec4&sxsrf=AE3TifOA_msLLn2zCQ-IW9QyKc-8vGm6yw%3A1762914951060&ei=h_ITaae3A6ja5NoP68LgqQ4&ved=0ahUKEwjnlrX7yeuQAxUoLVkFHWshOOUQ4dUDCBM&uact=5&oq=who+backs+usd1&gs_lp=Egxnd3Mtd2l6LXNlcnAiDndobyBiYWNrcyB1c2QxMgYQABgWGB4yBhAAGBYYHjILEAAYgAQYhgMYigUyCxAAGIAEGIYDGIoFMggQABiABBiiBDIFEAAY7wUyCBAAGIAEGKIEMgUQABjvBUjcUFDoCVjoCXABeAGQAQCYAWOgAWOqAQExuAEDyAEA-AEBmAICoAJ2wgIKEAAYsAMY1gQYR5gDAIgGAZAGCJIHAzEuMaAH2gSyBwMwLjG4B23CBwUyLTEuMcgHDg&sclient=gws-wiz-serp

-----------------------------------------
Why buy stablecoin?
The only profit maker is the original seller who started it from scratch but has no liability
to keep its value.

https://www.google.com/search?q=why+would+you+buy+stablecoin&sca_esv=2286498253ea9ec4&sxsrf=AE3TifO3AaKOakewcXO-I1txNSjIWiav1Q%3A1762915211096&ei=i_MTaei2Bcqq5NoPz-rB-AE&oq=why+buy+stablecoin&gs_lp=Egxnd3Mtd2l6LXNlcnAiEndoeSBidXkgc3RhYmxlY29pbioCCAMyChAAGIAEGBQYhwIyChAAGIAEGBQYhwIyBhAAGBYYHjIGEAAYFhgeMgYQABgWGB4yBhAAGBYYHjIIEAAYgAQYogRI7FFQAFikJnAAeAGQAQCYAYIBoAGPDKoBBDE2LjK4AQHIAQD4AQGYAhKgAtgNwgIEECMYJ8ICChAjGIAEGCcYigXCAgsQABiABBiRAhiKBcICCxAAGIAEGLEDGIMBwgIREC4YgAQYsQMY0QMYgwEYxwHCAgsQLhiABBixAxiDAcICDhAuGIAEGLEDGNEDGMcBwgIIEAAYgAQYsQPCAgoQABiABBhDGIoFwgIOEAAYgAQYsQMYgwEYigXCAggQLhiABBixA8ICCBAuGIAEGNQCwgIFEAAYgATCAgQQABgDwgIFEC4YgATCAgsQABiABBiGAxiKBZgDAJIHBDExLjegB--GAbIHBDExLje4B9gNwgcGMi03LjExyAeYAQ&sclient=gws-wiz-serp

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The Year's Hottest Crypto Trade Is Crumbling [View all] question everything Nov 11 OP

huh...why would ANYONE believe that.. ret5hd Nov 11 #1

My senator, Gallego, approves of Crypto. He accepted at least $10,000 in donations from crypto in2herbs Nov 11 #3

Anyone who lumps BTC togeher with other crypto snot Nov 11 #2

When the prices. drop 1,000 percent, then I'll buy into 'em. 3Hotdogs Nov 11 #4

A volatile, unstable, wishful 'currency' with no assets or gov't support backing it. Norrrm Nov 11 #5

An offshoot of crypto is stablecoin, pegged to some asset, such as dollars in reserve. Norrrm Nov 11 #6

Does usd1 have enough reserves to cover? Norrrm Nov 11 #7