You can read about it on their blog. Its over. Does anyone know any other unfreezable stablecoins? Honestly this might be the end of crypto for me. I truly can’t believe they are doing this.
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We need a commodity backed stable coin. Carbon capture? Energy via hashrate?
Monero is the way forward. It’s not a stablecoin per se, but it is quite a bit more stable than most other cryptos, because it actually has people using it day to day as currency.
Don’t meddle with “stable-coins”.
They are pointless since they:- Do not replace fiat
- Are not stable since inflation on fiat
- Are more risky then fiat
Only crypto you should still care about these days is Monero.
What blog post? Can’t find it.
Also, who cares?
