3min chapter

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BCB022_JASON BRETT: Bitcoin Regulation and Legislation

Blue Collar Bitcoin

CHAPTER

The Stable Coin Market

"I think we know with the way it is now, there's nothing that backs it anymore that has an intrinsic value like Bitcoin," he says. "If it's a stable coin and you're looking for a decent stable coin and the company offers it, I think that's...that's a positive thing because then you're maybe it's easier for you to buy Bitcoin with your stable coins" The China digital currency is now available up to 10% of the Chinese population but not all have opted in yet.

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