@invisibull
Why is this so hard to understand?
Stablecoins are nothing more than fiat containers that extend the life of the US dollar.
…Stablecoins are nothing more than fiat containers that extend the life of the US dollar. USDT and USDC are dollar derivatives backed by treasuries and commercial paper, meaning every stablecoin in circulation is a bet that U.S.…
From article: The Stablecoin Trojan Horse by Kudzai Kutukwa