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A comment on Perpetual Futures. Parent comment

Re:Perpetual Futures by throw101010 on Friday December 05, 2025 @11:04PM (#46170572)
Well they publish attestations from third-parties, but no full audits, so sure they could be much more transparent.

But the claim about USDT ever claiming that its supply wouldn't increase is pure fantasy. It literally makes no sense if you understand how the peg is maintained (technically by minting and burning tokens).

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Re:Perpetual Futures by refulgentis on Friday December 05, 2025 @11:41PM (#46170753)
I took their comment to mean that tokens valuations are tied to stablecoins. Sufficiently tied enough as to be de facto properties of tokens themselves.
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