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Showing posts with the label #Bitgesell #USSD #Bitgesellstablecoin #ussdstablecoin #tethertimebomb #USSDbackedbyBTCETHDAYandBGL #USSDBitgesell #USSDwBGL #USSDandBTC #ussdinflationresistant

Bitgesell - Tether or USSD?

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  Stablecoins: Doomed to Fail? Tether (USDT) is a stablecoin aiming to maintain a 1:1 value with the US dollar, but its safety relies on several factors. Can you trust it? USSD is a new stablecoin backed solely by cryptocurrencies: BTC, ETH, DAI, and BGL. It's censorship-resistant and aims to be revolutionary. Discover more in the following topics. USDT Trust Tether's stability depends on your trust in the company behind it, Tether Limited. It's crucial to be aware of concerns regarding transparency and reserves backing USDT. Please read the links below. Regulatory Environment The regulatory landscape for stablecoins can impact their safety. Changes in regulations can affect how Tether operates. Alternatives Several stablecoins are available, including USDC, DAI, and the new USSD stablecoin, which may have varying levels of transparency and trustworthiness. Stablecoin USSD The Autonomous Secure Dollar (USSD) is an open-source protocol designed to create an autonomous ERC20