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Yes, there is Tether - which is pegged to USD - and somewhat controversial for reasons I don't fully understand.


The controversy is that it is unclear whether every Tether is backed by real USD. See: Tether's TOS, Bitfinex's banking issues, etc.


I found this article on the matter very interesting: https://medium.com/@untetheredbtc/how-the-tether-usdt-distri...




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