Global Feed Post Login
Replying to Avatar zeph

Haa, for real. Tho I guess I can understand it when it’s about preservation for stuff you want to do in a month or a year if you live somewhere with unstable currencies.

“The news that in Turkey some 4% of GDP is already going on buying stablecoins is certainly surprising but it is not …shocking. The Turkish Lira (TRY) is in fact the fourth most used fiat currency in the cryptocurrency world, as stablecoins and "meme coins" have surpassed even Bitcoin in the country. Right now, USDT-TRY (i.e., Tether) is the largest trading pair by volume on Binance, reaching over $22 billion”

https://www.forbes.com/sites/davidbirch/2024/08/07/stablecoins-and-unstable-economies-the-currency-warm-war-has-begun/

Avatar
zeph 1y ago

https://unlimitedhangout.com/2024/11/investigative-series/breaking-down-the-chain-an-investigation-post-mortem/

Reply to this note

Please Login to reply.

Discussion

No replies yet.