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RE: Circle CEO: Stablecoin Market At Least $120 Trillion

in LeoFinance3 years ago

Currently stable coins refer to the USD. Do you think that will always be the case? I know we talked about how HBD is based on the dollar before so I wonder if Circle and other companies would change it if anything did happen to the dolla.r

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Some are backed by the dollar. HBD is not backed by the USD but HIVE. The $1 is just a unit of measure.

There will be others that are based upon other things, perhaps a basket of crypto.

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