64 sats \ 2 replies \ @nerd2ninja 10 May \ parent \ on: Lightning Labs Announces Stablecoins on Bitcoin Lightning Network bitcoin
I vaguely remember something about the SEC claiming some stablecoins are money market accounts and therefore are securities yeah.
I mean at the end of the day, you do deposit money with a custodian even if that custodian gives you a deposit certificate in return.
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10 sats \ 1 reply \ @siggy47 10 May
Yes, and they can be hedged and staked. The SEC has already taken action against some stable coins. Whether it ultimately is found to be a security or not, is this the kind of crap the lightning network needs right now?
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64 sats \ 0 replies \ @nerd2ninja 10 May
Is it the lightning network's problem, or is it lightning lab's problem? Because they're the ones who are making it
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