Singapore actively dealing with ongoing cyberattack on critical infrastructure (channelnewsasia.com)

- Stablecoins are supposed to be backed by liquid assets of T-bill quality. If there's trouble, it will be in that area. For current stablecoins, USDC might qualify, but USDT and USD1 (Trump's coin) don't seem to have the hard backing required.

Unclear how this plays out. Comments?

justanotherjoe · 2h ago

I'm not versed in the subject, byt cynically i will say the same as anything that came out of this admin: wealth moving from the poor and gullible and into the rich.

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