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by Jasper_
506 days ago
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The blockchain can't do anything with stablecoins, because that's interfacing with a financial system that's out of the reach of smart contracts. Even if we assume that a stablecoin is backed by real USD sitting in a bank account, there's nothing stopping anyone from just taking money out of the bank account, and the smart contract is none the wiser. You still have to trust someone at the end of the day. |
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