Peter Johnson (BH Digital) on the Relentless rise of Stablecoins (EP.451)
On The Brink with Castle Island
Advantages of Transacting in Stable Currencies
This chapter discusses the advantages of transacting in stable currencies like the US dollar compared to volatile cryptocurrencies. It highlights the importance of knowing the value of the currency being transacted and mentions the preference of individuals and businesses in high inflation jurisdictions to transact in more stable currencies.
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