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Algorithmic stablecoins are the future of money. They don't need a bank vault. They need good code.
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USDC is not a bet against the dollar. It is the dollar running on a better protocol. America wins if this succeeds.
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People in Turkey do not think of Tether as a cryptocurrency. They think of Tether as money.
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Stablecoins are really interesting and really important to this ecosystem to hedge against that volatility.
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Crypto dollars are quietly dollarizing the global south, providing an escape valve for citizens living under hyperinflation.