
rick awsb ($people, $people)|Mar 27, 2025 15:21
In 2024, Argentina will need to pay a 30% premium to purchase stablecoins. Nigeria, 22%. India, 7%.
If you live in the United States or the European Union, stablecoins may seem like a gimmick. Just a way to transfer funds between exchanges or profit from trading.
But for billions of people, they are the best way to obtain dollars.
The US dollar is the worst currency, apart from all other currencies. And on chain dollars are the fastest and most censorship resistant version.
This is the quiet part that nobody talks about during the popularization of cryptocurrency. Not price, not speculation. Just a demand.
Slowly, then suddenly erupt.
Gradually, then suddenly.
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