What is a consortium stablecoin? Open USD model

by Joseph Rees

Tether and Circle built their businesses by keeping the interest on the dollars behind their coins. A new kind of stablecoin, run and owned by a group instead of a single company, shares that money instead. Here is how the…

Source: https://crypto.news/what-is-a-consortium-stablecoin-open-usd-model/

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