Replying to Avatar calle

stablecoins are .1% "training wheels for users to eventually buy bitcoin" and 99.9% a USD foreign policy and fiat dominance super weapon for US crypto colonialism.

gm.
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Kayne 0mo ago

Stablecoins should be called pegged coins.

They are pegged to the value of something else

Au is pegged to gold. (Essentially the same as owning gold on the stock market)

USDT is pegged to USA dollars.

You're 100% about anything that's pegged to a fiat currency.

Just a means for the global banking cartels to maintain control.

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SWIM 0mo ago

Absolutely, "stablecoins" are pegged to shitcoins like USD or others, therefore they should be at least called pegged coins or maybe fiatcoins ... Because they are absolutely not stable at all!