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by fragmede 1 hour ago
> Can they not manage to open a dollar-backed account somewhere?

It's harder, if not impossible, if you've been got the wrong set of papers, or are missing them.

> this same category. “Stablecoin” or not.

Like it or not, USDC and USDT do seem to actually be stable. They've been pegged to the dollar for a while now, with increased scrutiny.