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by WinstonSmith84
384 days ago
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> the Fed itself will start issuing stablecoins and out-legitimize everyone else That's doubtful everyone else will be out-legitimized ... because ultimately the Fed will issue coins they can fully control (freeze, delete, etc. whenever they wish so). That doesn't make holding such money very valuable. A lot of people understanding this concern will favor USDT or similar privacy oriented coins and thus these coins will keep flourishing (however USDC could disappear for this very reason). |
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