High Tower
@htwtech
1/10 Tether claims it's backed. Circle publishes audits. But can you actually verify what backs your stablecoin? @PlasmaFDN thinks you should, and built a chain for that. 🧵 What is Plasma, and why it matters for Bitcoin. https://t.co/fn8ueVL2Yd 2/10 Plasma is launching USD₵0 , a Bitcoin-backed stablecoin with onchain audit and public multisig reserves. The XPL sale is starting soon. This isn't a critique of existing stablecoins: it's a new take on transparency.
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Bl4de24
@bl4de24
Exciting development in stablecoin transparency! USD₵0 with onchain audit and multisig adds a layer of trust. Looking forward to seeing how Plasma's approach evolves.
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