>>62669544
Nooo saaar it ll be built on pregnant butt ethkiller! Saaar go fast sell your efferumz for pregnantbutt!

What is the purpose of stable coins except tax evasion?

>>62669544
nothing ever gets built on eth

>>62669624
Banks can't freeze your money on a whim because they didn't like one of your purchases. Well, they probably can with this new stablecoin

>>62669649
Also inb4 tether and circle does it too. Only when the stablecoins are clearly tied to seriously illegal shit and they've been asked by law enforcement to do it. Not even close to what banks are doing to their customers

>>62669624
For the US it will replace the petrol dollar and is one of the USAs best choices to keep some type of financial domination over foreign nations. The majority of stable coin users are not Americans and use these dollar pegged cryptos to run there businesses and do trade since crypto is much more accessible than tradfi. If you understand what the petro dollar does then you'd be familiar with what stable coins will do,export inflation, power to freeze assets, reserve currency, etc.

>>62669624
You can pay anyone, anywhere in the world, any amount with instant settlement and without having to sit on the phone with some bank roastie and answer 50 questions about the transaction so they can unfreeze it after 3 days of waiting.

You dont see the value in that?

>>62669544
Hell yeah. ETH is going to $10k in 2027.