Well, you are right, although the dollar is better than the junk currencies of our third world countries, when it explodes the most affected will be us.
For example in Venezuela the dollar although it has a world wide inflation in my country everything has gone up 30% or 60% since the beginning of May.
It is unbelievable how prices have skyrocketed and to make a market for a family of two 2 months ago $40 was needed, now not even $100 is enough, we are drowning in misery.
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That is heartbreaking to read, while prices are skyrocketting here too, its by no means a 150% increase yet. I do understand that people want a medium of exchange to use to live, and not everyone has the ablity to save, but what I ma saying is that these stablecoins carry risk and are NOT the flight to safety they are sold as
Sure UST is the perfect example of that.