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/biz/ - Business & Finance

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54424278 No.54424278 [Reply] [Original]

A reminder than US dollar stablecoins hold US government debts as reserves which means that the use of such stablecoins subsidises the US government.
Do not use US dollar stablecoins for Defi lending/borrowing, spot/margin/futures trading, earning any kind of yield or any other use.

Multiple exchanges like coinbase and bitstamp offer EUROC, a non US dollar stablecoin

>> No.54424297 [DELETED] 
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54424297

retard

>> No.54424429 [DELETED] 

>>54424297
>Negative interest rates
wrong, they're 3.5% now
>High regulation hurdles
wrong, see MiCA bill
Less and more clear regulations than muttmerica
>Hard to catch up with USDT/USDC network effect
temporary shit, it's a "problem" sure but time will take care of it, especially after the US Dollar ceases to be the world's reserve currency
>Lacking demand
see above

>> No.54424483

>>54424429
shut the fuck up Nigger