Cryptocurrency Q&A How does the Lusd work?

How does the Lusd work?

Marco Marco Wed Aug 07 2024 | 7 answers 1332
Could you elaborate on the functioning mechanism of Lusd? How does it operate in the broader cryptocurrency ecosystem? Are there any unique features or advantages that Lusd offers compared to other stablecoins? Additionally, how is its value pegged and maintained, and what are the potential risks associated with investing in Lusd? How does the Lusd work?

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