Stablecoins on the Bitcoin blockchain have emerged as a compelling solution for those seeking the stability of traditional currencies within the decentralized world of cryptocurrencies. By pegging their value to assets like fiat currencies or commodities, stablecoins provide users with a reliable medium of exchange and store of value. Leveraging the security and transparency of the Bitcoin blockchain, these stablecoins enable fast, low-cost transactions while reducing the volatility associated with other digital assets. With the potential to enhance financial inclusion and revolutionize cross-border payments, stablecoins on the Bitcoin blockchain are poised to play a significant role in the future of digital finance.
stable coins are not a great store of value.. FIAT is a bad store of value. inflation has taught people this. wise up
we should not be promoting bitcoin to turn into an asset class to facilitate crappy inflation currencies. especially if those crappy inflation currencies then require regulation auditors and other dumb stuff that failed said fiat world in the first place