Comment on Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges

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Knock_Knock_Lemmy_In@lemmy.world ⁨14⁩ ⁨hours⁩ ago

You would use real currencies for everything except the transfer. The consumer only sees USD. The provider swaps back to Fiat as soon as necessary.

The use case is enabling payment over the Internet while avoiding traditional, censoring providers.

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