3 ms·
This feels inevitable. Right now stables are dominated by Circle and Tether (depending whether you’re inside or outside the US), with a little PayPal, Sky and o
by nailer 1y ago
This feels inevitable. Right now stables are dominated by Circle and Tether (depending whether you’re inside or outside the US), with a little PayPal, Sky and other orgs. USDT isn’t headquartered in the US, banks don’t want to assist paxos/coinbase (Circle) and if retail banks can now hold and stake tokens they’ll probably want their own stablecoin.
- matthewdgreen 1y agoThe question is whether the banks actually find uses for their own stablecoin, or if it just becomes another thing deployed into the crypto ecosystem.
- tonyhart7 1y ago"The question is whether the banks actually find uses for their own stablecoin" if they start buying and Pumping bitcoin, it would be so funny