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20 sats \ 1 reply \ @standard_sats 5 Aug \ parent \ on: Is it possible to develop a Stablecoin with Cashu? bitcoin
We have built fiat channels very early. In the end of 2021. Galoy released their product around the same date.
Ecash dollars may exist pretty much similarly and may do even benefit from proof of reserve schemes. But overall Fiat channels was the best tech because it just worked on LN, that's it.
So ecash dollars backed by bitcoin still do not exist but are possible. Interesting.
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