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by tock 1045 days ago
> When people cut them open and find that they are made of lead then it will be too late, the owners will be long gone.

This isn't true. This is regulated. PayPal will be required to back this 1-1 with cash and treasury bonds. Unless you're saying that PayPal will commit fraud.

> If you do ask for them back, they've been collecting interest on them the whole time so they'll double up either way.

Yes stablecoins are in my opinion one of the most lucrative ideas right now. They can make billions just from treasury yields if they capture a large share of the market.