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21 sats \ 0 replies \ @7ac5aafdeb OP 4 Sep \ parent \ on: Why do some people think stable coins are good on Lightning? bitcoin
What Lightning Labs did was stupid and evil; stablecoins infect Bitcoin, and there are no positive aspects to this.
Every company that has integrated stablecoins into their projects is blind and serves evil.
What happens when regulatory oversight requires you to obtain a money transmitter license and perform KYC on users? Don’t believe that self-custodial apps won’t be affected.