It is the first stablecoin to programmatically control minting with instant on-chain verification of USD reserves held off-chain. TUSD’s reserves are monitored using Chainlink Proof of Reserve so that holders can autonomously verify that their TUSD is backed by USD held in reserves. However, in practice, few, if any, stablecoins meet these assumptions. Crypto’s total… Continue reading What Is a Stablecoin?
