Stablecoins are ticking time bombs of custodial risk that will end in massive regulatory rug pulls at best and rails that will become completely co-opted and controlled by the state at worst.
Not very interesting in my opinion. No matter how much traction they may have.
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nostr:note1m7d8tuezeue7muhtjqvv9z020576qrresmfld8mc0psgt80qwdhsptrnz5
Not wrong there
wrong name - neither stable nor a coin
most EVM chains USD* Tokens can be FREEZED without notice. users HODLing USbanana in wallet
I hear you, but I think not if you don't try to hold them, but use them as on ramps and off-ramps to the crypto-verse
What do you think of the theory that the Fed/Treasury have a vested interest that stable coins survive because they need a buyer for the mass influx of treasuries? Is that just part of the state co-opting them?
I won't touch them ...
