@stewbits22 6 December 2021 more from that month

A quote by Mark Lamb as to why stable coin FlexUSD is far superior to other stable coins. Mark Lamb says: I think the model of the main stablecoins right now is inferier to flexUSD. Forget the fact that flexUSD pays positive rates and the rest of them pay 0%. If lots of redemptions happen - those Commercial Paper notes are not 1 day redeemable. They're layered tranches of duration, from 30 days all the way to 9 months. They are also - unsecured debt. The companies could fail. So they have both issuer risk + duration mismatch risk, where redemptions from stablecoin customers might not line up with the repayment time frames.