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10 sats \ 0 replies \ @Machiavelli23 11h \ on: are stablecoins like USDT / USDC a way to self custody USD? bitcoin
If we are taking “self custody” to mean literally possession of the USD in a personal digital wallet, I believe it is.
In the same way cash (dollar bills or coins) is a way to take physical custody of money rather than letting the bank control it.
As well as physical custody of precious metals in the form of coins or bars would be considered “self custody” compared to paper gold or silver.