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The Macroeconomics of Stablecoins

2 pointsby rchen8over 7 years ago

1 comment

cwkossover 7 years ago
I understand the utility of stable coins, but am not sure that consumers would be interested.<p>It&#x27;s a non-appreciating asset, so no real consumer benefit to buying with USD and holding. However, consumers still have risk of oracles failing or flaws in software costing them money. What is the economic incentive to use a stablecoin?