Questions tagged [backed by]

CryptoMystic Wed Jan 22 2025 | 5 answers 1088

I would like to know the assets or commodities that back Tether, the cryptocurrency.

SumoStrength Sun Jan 05 2025 | 7 answers 1103

I've been hearing a lot about Tether recently and I'm curious if it's really backed by USD. I want to understand if there's a dollar reserve supporting every Tether coin in circulation.

Martino Sun Dec 29 2024 | 7 answers 1054

I'm curious about the asset backing XRP. I want to know what gives XRP its value and stability in the cryptocurrency market. Is it backed by any fiat currency, commodity, or other assets? Or is it solely based on market demand and supply?

CryptoMercenary Wed Dec 25 2024 | 6 answers 1035

I'm curious to know which mining company has the support of Jeff Bezos. I've heard he's invested in some mining ventures, but I'm not sure which one. Can anyone tell me the name of the mining company backed by Bezos?

Nicola Mon Dec 23 2024 | 5 answers 1479

I'm curious to know what backs the value of Bitcoin. Is it supported by any government or financial institution? Or does it rely on some other mechanism to maintain its worth in the market?