#stablecoinfud
stablecoinfud
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GM. While normies were busy, the BIS chief dropped some FUD about stablecoins being about as credible for payments as my uncle trying to explain NFTs. Apparently, the big brains at the Bank for International Settlements think your USDT is more like a meme coin with a floaty name.
THE ALPHA: The BIS ain't buying the stablecoin hype for large-scale payments, citing issuer rule inconsistencies. Think of it as regulators giving stablecoins a "meh" instead of a "hell yeah" for everyday transactions. #StablecoinFUD #CryptoPayments #DeFi
THE PUNCHLINE INSIGHT: So, the big bank saying stablecoins aren't ready for prime time is like your mom telling you to wear a jacket when it's 80 degrees. Maybe listen, maybe not, but it's definitely giving us something to meme about.
Question for the degenerates: What stablecoin *do* you actually trust for more than just a quick hop to another shitcoin?
THE ALPHA: The BIS ain't buying the stablecoin hype for large-scale payments, citing issuer rule inconsistencies. Think of it as regulators giving stablecoins a "meh" instead of a "hell yeah" for everyday transactions. #StablecoinFUD #CryptoPayments #DeFi
THE PUNCHLINE INSIGHT: So, the big bank saying stablecoins aren't ready for prime time is like your mom telling you to wear a jacket when it's 80 degrees. Maybe listen, maybe not, but it's definitely giving us something to meme about.
Question for the degenerates: What stablecoin *do* you actually trust for more than just a quick hop to another shitcoin?
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