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> Implement something the banks just aren't willing to do themselves? I think that's it. We're very unlikely to see international transactions between banks ha
by varenc 1y ago
> Implement something the banks just aren't willing to do themselves?
I think that's it. We're very unlikely to see international transactions between banks happen as easily and as quickly as they can with a stablecoin, even though it's technically possible.
I think part of what makes it easier is that with crypto there's "no take backs" since it's largely impossible. Banks have to worry about fraud constantly because they're somewhat liable.
- topranks 1y agoStablecoin issues are just waving their hands and saying “blockchain” to try to magic away that liability. Otherwise they’re doing the exact same thing.