How does one purchase BTC? Saylor even converted his USD to stablecoin before buying Bitcoin. So, one can say stablecoins have some utility as they provide a bridge to Bitcoin. Why did Aqua go so hard on BTC and stablecoins? I believe that while we transition to a hyper-bitcoinzed world, there will be a transition period where stablecoins will play a role. Step into any Latin American country and see how much demand stable coins have. They believe their currencies are losing so much purchasing power that they almost treat stable coins as SoV. Some people enjoy the privilege of being born in a country with a reserve currency status. In contrast, others who are less fortunate will flock to that country as there is a massive currency arbitrage opportunity. We can sit in front of our systems and look down upon them or try to step into their shoes. For me, there is Bitcoin and stablecoins(which provide a bridge to Bitcoin) and everything else is a shitcoin.