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27 sats \ 1 reply \ @Aardvark 11 Jan \ on: What is the Point of Stablecoins? (Financial Times, Robert Armstrong) econ
Having something easily attainable pegged to the USD is an absolute gift to people in countries battling high inflation.
It's not something people with stronger currency really think about often.
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0 sats \ 0 replies \ @denlillaapan OP 11 Jan
...or, it would seem, until weeeell down an article even explicitly thinking about it. nono, bad; money laundering
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