Hi, good question! TrueUSD seems to be more trustworthy than Tether, but it fits the same centralized model. Ultimately, you have to trust that the institution holding dollars (1) actually holds those dollars and (2) will continue to exchange coins for dollars without forcing arbitrary rules and fees on stablecoin holders (just like a bank account)

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PhD student @ Cornell University, Twitter: @aklamun

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Ariah Klages-Mundt

Ariah Klages-Mundt

PhD student @ Cornell University, Twitter: @aklamun

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