Nick Tomaino🎩
@nick
Why hasn’t stablecoin usage taken off yet? https://i.imgur.com/WJ7B1hY.jpg
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Joyce
@0xjoyce
For the institutions, there is lack of regulatory clarity. In US treasury has said they won’t move until they get support from other branches of the government. From user perspective, it is not efficient to sell crypto for stables. There is a tax consequence of that sale.
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