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Interesting perspective on the history of stablecoins.
One thing I'd like to add is that Facebook must be spewing! If the US gov didn't shut Libra down they probably would have been a magnitude bigger than tether.
Libra was just a distraction... They just "emerge" into something even bigger and more dangerous that now is trying to sneak into bitcoiners mind as a "new L2" bullshit, named Spark... Read https://unlimitedhangout.com/2024/10/investigative-series/the-chain-of-command-how-facebooks-libra-bank-regulators-and-paypal-built-a-new-world-currency/
@soggycakes, is that you, Arthur?
WTF is Ethena?
Oh, some stablecoin. #3 in rank, just behind USDC. Has about 1% the daily volume of Tether.
https://coinmarketcap.com/view/stablecoin/
Oh, and Arthur's "biggest position and largest generator of absolute return".
Interesting perspective on the history of stablecoins.
One thing I'd like to add is that Facebook must be spewing! If the US gov didn't shut Libra down they probably would have been a magnitude bigger than tether.
Libra was just a distraction... They just "emerge" into something even bigger and more dangerous that now is trying to sneak into bitcoiners mind as a "new L2" bullshit, named Spark... Read https://unlimitedhangout.com/2024/10/investigative-series/the-chain-of-command-how-facebooks-libra-bank-regulators-and-paypal-built-a-new-world-currency/
@soggycakes, is that you, Arthur?
WTF is Ethena?
Oh, some stablecoin. #3 in rank, just behind USDC. Has about 1% the daily volume of Tether.
https://coinmarketcap.com/view/stablecoin/
Oh, and Arthur's "biggest position and largest generator of absolute return".