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Re:Coinbase Drops Promise of Token’s Cash Backing That Wasn’... by DebtDeflation on Wednesday August 11, 2021 @10:39AM (#28142550)
>They've have been open about their commercial paper backing.

They haven't been open at all about the ISSUER of that commercial paper though. It's one thing if it's Walmart or ExxonMobil, quite another if it's Bitfinex or some other crypto-related company.

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