Re:Report on Stablecoins [pdf]
by arcticbull on Monday November 01, 2021 @09:09PM
(#29075589)
In most of those countries the transaction fee is a non-trivial percentage of the GDP. Using it as a currency there would be economic suicide. And the volatility would be crushing to the poor.
They'd be infinitely better off with like USDC or better yet, a USD issued CBDC.
They'd be infinitely better off with like USDC or better yet, a USD issued CBDC.