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Getting your money into a crypto coin that tracks a stable currency can in some cases be cheaper and easier than getting your money into that currency.
by dagw 2y ago
Getting your money into a crypto coin that tracks a stable currency can in some cases be cheaper and easier than getting your money into that currency.
- FabHK 2y agoYeah, like Liberty Reserve back in 2006. A centralised stable coin, which was shut down by the US government a few years later for the usual reasons: money laundering, crime, etc. Crypto, being permissionless, is just a bit harder to shut down; but not any more legal.