What is the Husd backed by?
I would like to know what asset or currency backs the Husd. Is it backed by a specific fiat currency like USD or EUR, or is it backed by some other crypto assets? I need clarification on this.
Is USDC backed by USD?
I'm wondering if USDC is actually backed by USD. I've heard different things about stablecoins and their backing, so I want to make sure I understand if USDC is really supported by US dollars.
What is TrueUSD backed by?
I'm curious about the asset that backs TrueUSD. I want to know what gives this cryptocurrency its value and stability. What is it that supports or backs TrueUSD?
What is Nexo backed by?
I'm curious about the assets or reserves that Nexo relies on for its stability and operations. I want to understand what backs Nexo and gives it value.
Is injective backed by Mark Cuban?
I'm wondering if the company or product called 'injective' has any backing or support from Mark Cuban. Is he invested in it or associated with it in any way?