Jack Zhang(@awxjack):@TheOneandOmsy Stablecoins are fiat currencies tokenized onto blockchain. Unlike crypto, they are backed 1:1 by underlying reserve assets, making them fundamentally different from unbacked crypto tokens.

Jack Zhang

@awxjack

Perfectionist. Founder & CEO of @Airwallex. 🇦🇺

Joined December 2017

929 Following 32.9K Followers

Jack Zhang@awxjack

2026.06.26 01:13

@TheOneandOmsy Stablecoins are fiat currencies tokenized onto blockchain. Unlike crypto, they are backed 1:1 by underlying reserve assets, making them fundamentally different from unbacked crypto tokens.

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