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RE: BREAKING - US Banks Can Participate In Blockchains And Use Stabelcoins For Payments

in LeoFinance3 years ago

Blockchains validated by staking could see a trend in which banks will try to acquire all the liquidity, to become the dominant validators (although they may not "run" the network, they may get to a point where they want to collude for other functions, like price suppression, liquidity management, etc).

That's the shitty part of all of this. Banks won't let this tech and innovation slip through their fingers. Having a bank card supporting stable coins wouldn't be such a bad idea though although that implies taht the bank will have a record of what you hold and spend on.

Posted Using LeoFinance Beta