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The whole idea of stablecoins started with Bitfinex the so called "hack" that never existed. It was a fucking scam to fool all their users back then, years ago. That's how Tether became famous. Watch this: https://youtu.be/5KXHgh2rTTw
Anything that is built around stablecoins it will go to the trash bin soon. Anybody that supports any stablecoin is a fucking enemy of Bitcoin. Stablecoins are actually fiat money in disguise, aka SHITCOINS.