This is true if you trade BTS to bitAssets like bitCNY, bitUSD, etc.
If you trade UIA like OPEN.BTC then you are exposed to counterparty risk, because then your partner is Open Ledgertrue
This is not true, Open Ledger is involved as a third party. And you have UIA → EBA – Exchange Backed Assets from Open Ledger which is basically deposit confirmation which you can trade it
true
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