Claudio
Sat Aug 10 2024
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7 answers
1532
What is sUSD backed by?
Could you please elaborate on the backing mechanism behind sUSD? I understand it's a stablecoin, but I'm curious about the specific assets or collateral that underpins its value and stability. Is it backed by fiat currencies, other cryptocurrencies, or perhaps a combination of both? Understanding its backing is crucial in assessing its credibility and potential risks, so I'd appreciate your insights.
