Since it's an Ethereum token, you can write smart contracts that use dollars ins... | Hacker News

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		lacker on Oct 23, 2018 \| parent \| context \| favorite \| on: Coinbase is launching support for the USDC stablec... Since it's an Ethereum token, you can write smart contracts that use dollars instead of smart contracts that use ETH.

rlucas on Oct 23, 2018 [–]

Buuuutttt, since it's not dollars you have to trust that a market maker counterparty will stand behind the peg when you do want to liquidate.

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