My understanding is that the *touted* use case for stable coins is smart contracts without currency risk no? I’m sure money laundering is an actual use case, but that’s why the point of redeeming for fiat is where the AML/KYC happens.https://twitter.com/patio11/status/1093658482841022464 …
The financial industry and regulators thereof have strong opinions on answering that question and as I’m a responsible adult employed therein, etc.
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Fair - I’m probably in the same position.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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