https://www.goodreads.com/en/book/show/50620154 https://www.goodreads.com/en/book/show/50620154 What is the point of a "stable coin" especially when it is say

https://www.goodreads.com/en/book/show/50620154 https://www.goodreads.com/en/book/show/50620154 What is the point of a "stable coin" especially when it is say pegged to the dollar. i.e. 1 to 1. It means nothing because why not just use Dollars in the first place. It serves no purpose.... Unless you didn't really have those dollars in the first place? Because otherwise it's just transferring money with extra steps (fraud) in the middle. The only possible justification of having it is that you don't have the dollars in the first place.