TLDR Crypto · MISCELLANEOUS

BEYOND USDC AND USDT

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Summary from the TLDR Crypto newsletter

$M is a new stablecoin framework that improves on traditional models by backing tokens with short-term US Treasury bills held in bankruptcy-remote accounts, providing real-time on-chain verification via Chainlink, and ensuring independent oversight using third-party validators. This approach offers improved security, transparency, and interoperability for users, businesses, and developers, paving the way for custom digital dollars and a more resilient financial system.