145 sats \ 1 reply \ @And1 3 Nov 2022 \ on: Fuji Money AMA bitcoin
What are the main reasons for using stablecoins over bitcoin?
In some jurisdictions spending bitcoin is a taxable event, using a stablecoin can help in not leaving the Bitcoin rails.
Currently you need a lender and give up custody for your Bitcoin collateral, with Fuji you can borrow on the go and you are always in control of funds (as long debt is paid back)
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