$USD1
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Social Momentum Summary
Total Engagement - Comments: 38, Retweets: 0, Likes: 35, Impressions: 4919
Verbatim Community Citations & Social Evidence 2 source posts analyzed
"The whole stablecoin industry is moving from 'let's have one stablecoin for all' to particular stablecoins dealing with particular client needs." @falconfinance already runs two separate dollars for two separate client bases. "USDF is a synthetic dollar. FUSD is a regulated, [Spoken audio]: we have two different assets and they're like kind of super different from the legal point of view. So USDF is a synthetic door. So it plays its own role. FUSD it's a regulated, genius ready asset issued by Anchorage. So like two completely different setups with different resource attestation, legal regime and stuff. So for particular clients, we provide particular solution. So if the clients are interested in DeFi liquidity in DeFi sort of yield, they're choosing a synthetic door if they need something more regulated and they would like to deposit these assets into centralized exchange and to use it as collateral so they can work with FUSD. So FUSD in my point of view, the whole genius regime was a really big step for the industry because it allows you to issue highly regulated assets, which can earn some yield, and which can be actually used in various venues. So we decided to partner with Anchorage because one of the leaders in the space is, I believe, there, like a leader in the space. And yeah, so kind of super straightforward model, segregated trust, Deloitte audits, reserves, supervision, and so on. So yeah, it's, it's kind of no-brainer. if you understand why you're doing this.
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Happy Monday! Starting the week by checking in on the @CNPYNetwork testnet through the @NucleusCodes campaign. It's been interesting to explore the ecosystem and see how the platform is focused on making appchain development more accessible for builders. I've been