@DGBDevs Centralized stablecoins can be frozen; digiByte:native offers a decentralized alternative backed by your locked $DGB. True sovereignty without a middleman. ๐๐ฅ #DigiByte#DGB#DeFi
News: At Ripple's Swell event, US Treasury Secretary Scott Bessent said dollar stablecoins, over 90% of the market, can extend the dollar's global reach. $DD offers an open path on digibyte:native: a dollar coin with no issuer or bank. You lock your own DGB and hold your own keys.
Socket found 3 fake Firefox wallet add-ons posing as Phantom, Jupiter and Bitget. They stole recovery phrases, and one could load new code after review. Get wallets only from official sites. On digibyte:native, every full node checks every rule. No remote switch. https://t.co/h4vhho9fGw
DigiDollar concept: Emergency Redemption Ratio. If total backing for all $DD ever drops below 100%, new mints pause. To close a vault, you burn a bit more DD, up to 1.25x, but still get all your locked digibyte:native back. Every node enforces it. No admin switch.