American art group launches “USDTea” stablecoin project to deal with the risk of Stablecoin crash

In response to the UST crash, the American art group Mossy launched the “USDTea” Stablecoin project to deal with the risk of Stablecoin crash.

It is reported that USDTea is backed by “the most stable asset in the United States” AriZona iced tea. For 30 years, AriZona founder Don Vultaggio has worked to fight inflation to keep the cost of a can of AriZona iced tea at 99 cents. Additionally, an hour and a half after Mossy tweeted announcing the USDTea Stablecoin project, all the 1,000 tokens initially offered were sold out.

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