Questions tagged [backed]

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KatanaGlory KatanaGlory Wed Nov 06 2024 | 7 answers 2072

What is the government backed cryptocurrency in China?

The user wants to know about the government-backed cryptocurrency in China, specifically seeking information on whether such a currency exists, its name, and possibly its purpose or how it is used.

What is the government backed cryptocurrency in China?
mia_anderson_painter mia_anderson_painter Tue Oct 22 2024 | 7 answers 1534

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.

Will XDC be backed by copper?
Maria Maria Mon Oct 21 2024 | 7 answers 1867

Is DAI backed by Fiat?

I don't understand this question. Could you please assist me in answering it?

Is DAI backed by Fiat?
KDramaLegendaryStarlight KDramaLegendaryStarlight Sun Oct 20 2024 | 6 answers 1490

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 FRAX backed?
LucyStone LucyStone Sat Oct 19 2024 | 6 answers 1269

How is Usdp backed?

I don't understand this question. Could you please assist me in answering it?

How is Usdp backed?

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