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Re:Big Banks Explore Venturing into Crypto World Together wi... by ahazred8ta on Monday May 26, 2025 @03:43PM (#44100918)
There are already hawala / xawala money transfer services in Somalia that will exchange cryptocurrencies for physical dollars or local currency, or load value onto a local phone app. Does that answer your question? https://en.wikipedia.org/wiki/Hawala
Re:Big Banks Explore Venturing into Crypto World Together wi... by Ekaros on Monday May 26, 2025 @03:49PM (#44100985)
So why are stablecoins needed if there is already a system?