Quote from: tygeade on Today at 11:56:07 AM

Quote from: cryptoboss2020 on December 09, 2020, 04:11:37 PM

So the government will collect and mint stable coins like USDT USDC amd Other currencies like eur and gbp use it ethereum platform.

Next they will lend out the stable coins

And if we Buy Now or hold stable coins we will make good roi as we could lend out our stable coins too

I see this is coming ill hodle hard USDC.
So anyone could be the banker and lend others the stable coins who dont have them as world will go full in stable currencies

The government will create their own stablecoins and it has nothing to do with USDT or whatever other stablecoins you have mentioned here. And for now we don’t know which blockchain they are going to use, but I’m very sure that they will like to create their own blockchain for the project.

And in case you don’t know, you’re not getting any profit from stablecoins, they are just stable and are pegged to fiat, so holding them is basically holding fiat. Unless you’re going to be lending them out, but that’s a normal thing that you will get profit when you lend out, no matter what you lend with.

The gov can create if no body dont get profit out of it no body dont move.