We're all waiting (and hoping) for a truly decentralized, stable, stablecoin. Until that day USDC seems to be the most trusted stable in crypto right now.
With this new Stacks Bridge. Could see a lot more liquidity flowing into Stacks.
0 sats \ 0 replies \ @ek 1 Oct 2022
No.
Stablecoins must be controlled by a centralized entity and as we could see with Ethereum's move to PoS, have a lot of control over hard forks if they get too engrained into the ecosystem.
reply
0 sats \ 0 replies \ @DarthCoin 1 Oct 2022
This post is a huge red flag for me:
- user pretend to be a bitcoiner with his username. This is the worst thing that a shitcoiner is pretending to be a bitcoiner.
- posting about a shitcoin
- promoting "stable" shitcoin
- off topic shit
reply
0 sats \ 0 replies \ @TheBTCManual 1 Oct 2022
Why would you want a centrally issued token based on a fiat currency that was minted on one chain and then bridged to another chain? Just sounds like you have way more middlemen than ever before
It would be easier to use USDT on Liquid or OMNI-USDT on Lightning or better yet use sats
reply