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lallysingh
on Dec 13, 2022
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Binance freezes withdrawals of stablecoin USDC as ...
America went back to floating in 1971. The convertability with gold was only around for 17 years [1]. I don't know why that's relevant to USDC - there's no absolutely stable store of value, everything fluctuates.
USDC doesn't sound tenable.
[1]
https://en.m.wikipedia.org/wiki/Bretton_Woods_system
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USDC doesn't sound tenable.
[1] https://en.m.wikipedia.org/wiki/Bretton_Woods_system