Re:I am often asked if I will “return to cryptocurrency”
by JumpCrisscross on Thursday July 15, 2021 @09:15AM
(#27844280)
> What's the point of a stable coin?
The stability of U.S. dollars without the hassle of opening a bank account. Which, generously, means faster transaction times; realistically, skipping AML.
Given Tether doesn't actually hold much cash, it's more akin to a money market fund that pays no interest.
The stability of U.S. dollars without the hassle of opening a bank account. Which, generously, means faster transaction times; realistically, skipping AML.
Given Tether doesn't actually hold much cash, it's more akin to a money market fund that pays no interest.