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A comment on Crypto Coin Tether Defies Logic on Kraken’s Market, Raising Red Flags. Parent comment

Re:Crypto Coin Tether Defies Logic on Kraken’s Market, Raisi... by rthomas6 on Friday June 29, 2018 @02:41PM (#17426619)
No, you may be thinking of something else. DAI is backed by Ethereum held in a smart contract. It's not collateralized by fiat currencies right now.
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