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merc , 27 days ago Backed by $1 in the legacy banking system Yes, other memecoins used to also be pegged to the dollar, but they lost their peg, like TerraUSD and Tether. which represents exactly $1. Until it doesn't.
Backed by $1 in the legacy banking system
Yes, other memecoins used to also be pegged to the dollar, but they lost their peg, like TerraUSD and Tether.
which represents exactly $1.
Until it doesn't.