The USDC meltdown highlights why many bitcoiners have been against pushing stablecoins even if developing world users find them useful. These things don't work during times of instability.
The USDC meltdown highlights why many bitcoiners have been against pushing stablecoins even if developing world users find them useful. These things don't work during times of instability.
If you want USD, get USD. Stablecoin is just an IOU of USD. The IOU is good until the counter party refuse to pay. #bitcoin solves this
