About 1 month ago @cryptosniperz published this post about a future stablecoin:
It looks as if President Nayib Bukele is working hard to keep his laser eyes by supporting the creation of a stablecoin backed by El Salvador's local currency (USD). He's thinking long-term.
Posted Using LeoFinance Beta
Yea, it sounds like a logical next step for them but we'll have to see how it goes
Posted Using LeoFinance Beta
If President Bukele had the foresight to consider a stablecoin in his plan to use cryptocurrency as a way to improve life for everyone in El Salvador, who knows what else he had considered? If anything, he's providing a blueprint for other nations to follow when they make the move to make crypto legal tender in their nations.
Posted Using LeoFinance Beta
Well it seems like they were looking into Tether but I guess I would of probably choose Circle instead because of the controversy going on.
Posted Using LeoFinance Beta
I was under the impression President Bukele wanted to start from scratch and have a stablecoin created to handle the situation in El Salvador. There must be more to this story elsewhere.
Posted Using LeoFinance Beta