Stablecoins represent a potential disruption to the current legacy system of over 160 currencies worldwide. While bitcoin is a better store of value, stablecoins offer a quick way to exit an existing financial system and tap into the U.S. financial system.

Stablecoins are digital currencies that are pegged to the value of a particular asset, such as the U.S. dollar. This makes them more stable than other digital currencies while retaining the advantages of decentralization and transparency.

By embracing technologies like stablecoins, individuals can quickly and easily move money between different systems, taking greater control of their financial future in the process. As more people recognize the benefits of these technologies, we are likely to see a shift away from traditional financial institutions and towards more innovative approaches to managing wealth.

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I've never quite understood stablecoins. They're fully decentralized (run on some kind of protocol rather than a company)?

So folks can essentially run on a dollar standard without actually owning dollars?