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it_citizen 6 days ago

Second line of the page:

> Stablecoins enable instant, borderless, programmable transactions, but current blockchain infrastructure isn’t designed for them: existing systems are either fully general or trading-focused. Tempo is a blockchain designed and built for real-world payments.

What is different in the details, no idea.

Zanfa 6 days ago | parent [-]

Once you take into account AML and KYC laws, which will obviously be enforced should this gain any sort of adoption. What will be different in practice?

wmf 6 days ago | parent [-]

The US is working on a law that may exempt crypto from AML/KYC because "innovation". If that passes there will be a rush to blockchain everything.

Zanfa 6 days ago | parent [-]

I don’t see that happening, mostly because it wouldn’t benefit Trump in any way. He’s already free to (crypto) grift as much as he wants, he doesn’t need looser AML laws. Probably going to go the way of the strategic BTC reserve.