So now we have a cryptodollar approved from New York State Department of Finance, thanks to Winkleboss twins for the attempt. It could be a problem when a cryptocurrency is regulated, cryptocurrency & pegged dollar are not same thing as I know. On the other hand, if scalability issues dissappear, it could be the leading coin. Lets wait & see, hoping it will help the crypto atmosphere.
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At the very least it will make moving money around from crypto assets easier and easier.