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Why do you need a stablecoin when you can easily go from BTC to USD and back on an exchange? Is a BTC/USDC trade cheaper than a BTC/USD trade?
by jgalt212 3y ago
Why do you need a stablecoin when you can easily go from BTC to USD and back on an exchange? Is a BTC/USDC trade cheaper than a BTC/USD trade?
- latchkey 3y agoThe easiest answer is that not all trades happen on centralized exchanges.
- Crosseye_Jack 3y agoMakes it easier to hold (and transfer) “USD” on foreign exchanges.