• dreadbeef@lemmy.dbzer0.com
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    17 hours ago

    Some crypto are called stablecoins, which are backed by some currency (such as the USD for USDC) inside of a bank. There’s a bit more to it than that, but effectively what you get is one coin = one unit of currency.

    • NotMyOldRedditName@lemmy.world
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      16 hours ago

      They could even issue their own stable coin if they were weary of being reliant on another. I think valve would be viewed as trustworthy in keeping the 1:1 backing in a bank account. They could partner with someone else to issue it, like coinbase and Gemini do USDC.

      USDV