Comment on European banks to launch euro stablecoin in bid to counter US dominance

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Alphonsus@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

That’s basically the core use case: fast, borderless transfers without volatility. Beyond that, they’re mostly used as on/off ramps inside crypto, a parking place during market swings, and for dollar denominated settlement where traditional banking is slow or unavailable.👌

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