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78 sats \ 1 reply \ @0xbitcoiner 4h \ parent \ on: Stablecoins Trigger Brazil’s Most Sweeping Crypto Crackdown Yet econ
PIX, kinda like Brazil’s version of a CBDC, was blowing up, still is, actually. But folks started realizing that using dollar pegged stablecoins could get them more bang for their buck, especially with the real losing value.
This is what a lot of people have been expecting: hyperdollarization before hyperbitcoinization.
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