Stablecoin hype makes me sad.
Did we build Bitcoin to move fiat around or replace it? Remind me
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Is just a proof of the state of deny from the global superpower.
Stablecoin hype makes me sad.
Did we build Bitcoin to move fiat around or replace it? Remind me
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The word stablecoin is just another word for currency. You can't use money effectively at scale without currency. Lightning is a "stablecoin" tied to on-chain bitcoin. Same with liquid though the L-BTC currency is issued by the 11/15 mint.
People using words incorrectly or loosely is why this problem happens. Define the terms you use.
The US Dollar has been an effective tool for imposing American imperialism worldwide.
USD Stablecoins only prolong it in the name of 'financial inclusion' and 'convenience'.