pull down to refresh
Sure. Stablecoins is merely a banking on top of Bitcoin.
They are for payments and since we don't have powerful derivatives markets for example for soybeans, they are the only reliant option for business people.
reply
pull down to refresh
Sure. Stablecoins is merely a banking on top of Bitcoin.
They are for payments and since we don't have powerful derivatives markets for example for soybeans, they are the only reliant option for business people.
From their blog post:
I'm skeptical of statements like this. Perhaps it is true at the first layer of abstraction (their bridge), but by the time you get to their stablecoin, it seems to me to be the same as most other stablecoins. A healthy dose of raised eyebrow seems to me fitting in the case of the many recent stablecoin structures that have been rolled out on top of bitcoin.