I agree USDT will always stay on the blockchain but one cannot help wondering at what price?
Easy misconception that I hear often: Central Banks will kill privately issued stablecoins.
Central Banks will not issue on #ethereum or any other public blockchain.
Privately issued stablecoins will take care of the last mile for the masses.
#tether
$USDt is here to stay.https://twitter.com/ral_miramar/status/1367987670039859203 …
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Will be around for a few more years, then buried to the black market as exchanges are mandated to use CBDCs or die. No rush to exit, too big to fail and there will be a transition.
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Looking at the market acceptance and NYAG outcome, it looks like you are the one dreaming.
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USDT it the best coin
keep up the great workThanks. Twitter will use this to make your timeline better. UndoUndo
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#USDT#Tether is here to stay.
100%
it's the backbone of the Cryptocurrency ecosystem.
#BuyBitcoinLeb#Lebanon#BeirutThanks. Twitter will use this to make your timeline better. UndoUndo
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You can already trade fiat/crypto on some exchanges. Only a few crypto exchanges will survive the next wave of regulation & CBDCs on ramps will be digitally controlled. Approved crypto exchanges will be mandated to support CMDCs for residents, as will forex brokers in future.
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Most privately issued stablecoins will be banned, there is already a bill being prepared / EU regulation to only recognise govt issued CBDCs or / approved stablecoins.. Onramps will be blocked and the average Joe will not use blackmarket services..
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Privately issued stablecoins will soon require a banking charter and be scrutinized daily to ensure reserve requirements are met. Banks have to play by those rules and hell will freeze over before they let the new kids on the block have powers they lost a century ago.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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the ignorance among ‘experts’ on crypto stable coins never ceases to surprise
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