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RE: STEEM DOLLAR Becomes Redundant as Haircut Hits 38%

in #steem6 years ago

Not sure on all the other stable coins. I do know that bitUSD on Bitshares had a Black Swan / Global Settlement that made a bit of a mess. I have resorted to a fiat backed stable coin for my reserves - specifically TrueUSD.

I do hate the idea of having counter-party risk on my stable coin and trusting a bank for my Crypto reserves....but desperate times call for desperate measures.

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