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Bitcoin backed stablecoins / loans

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Hi,

Is anyone familiar with the projects Fuji USD and sovryn Zero?

https://fuji.money/

https://sovryn.com/zero

I came across this two projects and would like to know your opinion on them.

Do these have what it takes to be reliable Bitcoin backed loans in the future? (VS centralized entities)

Thanks

submitted by /u/International-Ruin77
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