Biggest lie in crypto industry is that stablecoins are used for payments & remittances
What is the real use of stablecoins? Are stablecoins used for payments and remittances? Definitely NOT!
You might think stablecoins are used for payments and remittances but this is a microscopic use-case and irrelevant from the perspective of total stablecoin turnover.
Stablecoins are extensively used by the world's largest traders - market makers, prop traders, and hedge funds - as a settlement mechanism to rebalance liquidity between the top crypto exch…
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