similar I guess, but different. AFAIK, strike use either USD in bank account or USDT depending on the jurisdiction.
Our current POC use synthetic USD. a more detailed explanation on how this works is here.
A 1h video explaining how this works in detail can be watched here
It would not be very complicated to also add the option of USD and USDT, we would need to have another dealer that would use a spot exchange instead
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