379 karma · joined November 29, 2015
> "Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US regulated financial institutions."
Is the part about being backed by USD or "asset[s] with equivalent fair value" the point of contention? Did they originally claim that each USDC was backed by USD (cash) only?
edit: as of 13:20 (GMT-5) it appears to be resolved.
[0] https://www.reddit.com/r/datahoarder
[1] https://freenode.net/kb/answer/chat (in case you aren't familiar with IRC but would still like to check it out that should get you started)