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RE: HBD: Stablecoins Need More Than Financialization

in LeoFinance3 years ago (edited)

The overlooked aspect to all of this is the commercialization of the stablecoins. It is great to have an option for parking money while also earning a return. Nevertheless, to truly have value one must focus upon utility.

UST has some utility. Google "chai terra luna payment rail". Unfortunately it didn't help in preventing Luna's market cap collapse though...