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by clippablematt 1493 days ago
Stablecoins without collateral backing them have repeatedly failed (and they failed when they were tried before crypto too), but dai/rai/usdc are working fine.

At this point I’d like to sees US regulation around $ stablecoins so we can use something else and reduce the power of the US dollar in the world. Go ahead America, regulate yourselves.

1 comments

> they failed when they were tried before crypto too

do you have references to non-crypto based coins? also recent ones?