2 ms·
It's not just about central exchanges. A stablecoin lets you use on-chain exchanges like Uniswap, loan money on chain, etc. (I don't think there's a tax advant
by DennisP 4y ago
It's not just about central exchanges. A stablecoin lets you use on-chain exchanges like Uniswap, loan money on chain, etc.
(I don't think there's a tax advantage though. I'm not a CPA but my understanding is that in the US, any exchange of one token for another is a taxable event.)