To take advantage of the ability to send money that way without the volatility

JumpCrisscross 11 hours ago | parent [-]

Let’s be honest, it’s principally for illicit use, a tiny fraction of privacy folks and then a lot of people caught in between who don’t understand yield but want to bet on a volatile asset and have to use a stablecoin to go between. (Because the backers of the volatile thing are doing something illicit.)

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Saline9515 10 hours ago | parent [-]

You are a decade late, nowadays stablecoins are commonly used in international trade. Most Alibaba sellers accept USDT nowadays, same for Indian ones.

	▲	JumpCrisscross 9 hours ago \| parent [-]
		> stablecoins are commonly used in international trade For a rounding error value of "commonly," sure. (Catering to a financially-constrained market is good business. But it, by definition, will never be an important one in the grand scheme of things.)