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![muradsbtc Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::977637497432952833.png) Murad's BTC | Web3 [@muradsbtc](/creator/twitter/muradsbtc) on x 24.4K followers
Created: 2025-07-23 17:24:02 UTC

I always find it fascinating when I remember that $SILK's backing is with a mix of global currencies, Bitcoin, and gold. Instead of just one fiat currency. This is brilliant.

It’s like building a safety net against inflation and market swings. The over-collateralization bit, similar to DAI, sounds like a solid way to keep it stable. 

Plus, the focus on privacy fits perfectly with where DeFi is heading.


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948071620020519238/c:line.svg)

**Related Topics**
[coins privacy](/topic/coins-privacy)
[dai](/topic/dai)
[inflation](/topic/inflation)
[currency](/topic/currency)
[fiat](/topic/fiat)
[currencies](/topic/currencies)
[$silks](/topic/$silks)
[web3](/topic/web3)

[Post Link](https://x.com/muradsbtc/status/1948071620020519238)