People say USDT is not backed, therefore a time bomb waiting to explode. I don’t think so. There are many things Tether can do to protect its peg, even if underlining fiat assets are not fully liquid, or not there at all. What are those things?👇 1. Grow…
Tether has a $60 billion market cap. Everyone thinks it takes a lot of money to start something like that. The truth is you need very little to start a Tether. Let’s walk through how to make a Tether-like stablecoin w/ $500, and learn how stablecoin works along…
There’s a lot of hype around CBDCs.But after a closer look at some CBDC pilots, I think we’re NOT going to see a lot of CBDCs except from a few big countries. Here’s why 👇 1. Building one from scratch is hard. A CBDC is essentially a stablecoin…
I lived half my life in China, half in US. The US media coverage about China is stuck in the cold war and laughable at best. Yet people eat it up. Here’re 10 myths about China you often hear that are patently false👇 Note: I’m not interested in…