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"Unlicensed Virtual Bank": USDT

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The core issuance logic of fiat currency-collateralized stablecoins such as USDT is very similar to the logic of "commercial banks" creating credit, but without the perfect regulatory system behind commercial banks, there are hidden dangers in
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The core issuance logic of fiat currency-collateralized stablecoins such as USDT is very similar to the logic of "commercial banks" creating credit, but without the perfect regulatory system behind commercial banks, there are hidden dangers in

The core issuance logic of fiat currency-collateralized stablecoins such as USDT is very similar to the logic of "commercial banks" creating credit, but without the perfect regulatory system behind commercial banks, there are hidden dangers in their credit acceptance ability and security.


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