7 ms·
Well, losing three months of revenue is going to really hurt when the stablecoin inevitably eats shit: hope you're prepared for that. The risk is obviously low
by jcalvinowens 1y ago
Well, losing three months of revenue is going to really hurt when the stablecoin inevitably eats shit: hope you're prepared for that.
The risk is obviously lower because you aren't parking money there. I could certainly see how you might come out ahead in fees for certain international transactions.
But your original claim was that the aggregate risk-cost of dealing in stablecoins is lower than real currencies, and that is absolutely preposterous: you aren't accounting for all the risks.