Systemic risk from stablecoins

This would be really difficult to use in daily transactions.

  1. The dollar value fluctuates constantly.
  2. Gold isn’t useful for daily-size transactions. A 1/10 ounce 24K gold coin (currently worth about $330) is smaller than a dime and very delicate. Mine have never been out of their sealed plastic envelopes because they are so soft and easy to damage.

Wendy

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