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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.

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