3 ms·
Dollar denominated crypto is still crypto.
by MacsHeadroom 2y ago
Dollar denominated crypto is still crypto.
- JumpCrisscross 2y ago> Dollar denominated crypto is still crypto Sure. But within the context of a money-laundering article, it's important to note that dollar-denominated crypto exists at the whim of the U.S. government. It is globally subject to U.S. jurisdiction, and uniquely vulnerable to U.S. surveillance and sanctions.
- MacsHeadroom 2y agoThis is not a property of stable coins, but of permissioned stable coins only. Decentralized permission less stableclins like DAI etc. are beholden to none.