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40 sats \ 2 replies \ @BlokchainB 13 Aug \ parent \ on: Crypto Exchange Bullish Prices IPO at $37 per Share, Above Expected Range Stacker_Stocks
Yeah it’s going to cannibalize itself. Just the marginal buyer of this crap is long gone.
But this IPO is a traders dream you can pump your bags via suckers looking to speculate
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59 sats \ 1 reply \ @grayruby 13 Aug
All these people arguing stablecoins are going to save eth. Stablecoins aren't really necessary in the US other than to crypto trading and if they did become a thing for payments people are going to use what existing tech they already use like Stripe, Venmo etc or their banks for that matter.
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40 sats \ 0 replies \ @BlokchainB 13 Aug
The only thing stables improve in US is settlement and sending money outside of normal business hours.
The problem comes in when so many different stables aren’t compatible with whatever bank/exchange you are using so I can see banks charging a fee to swap from RobinhoodUSD to USDC-polygon
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