Will XDC be backed by copper?
I've been hearing a lot about XDC recently and I'm wondering if it will be backed by copper. I know some cryptocurrencies are backed by physical assets, so I'm curious if XDC will follow this trend with copper.
Is DAI backed by Fiat?
I don't understand this question. Could you please assist me in answering it?
How is FRAX backed?
I would like to understand how FRAX, as a cryptocurrency or digital asset, is backed or supported. Specifically, I want to know about the mechanisms and assets that ensure its stability and value.
How is Usdp backed?
I don't understand this question. Could you please assist me in answering it?
Is HKD backed by USD?
I'm wondering if the Hong Kong Dollar (HKD) is backed by the US Dollar (USD). I want to understand the relationship between these two currencies and if there's any sort of peg or support system in place.