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mememememememo 2 hours ago

Why have cash? A: as an intermediary between better uses of money (buy cool stuff or invest)

So why use stablecoins and not use cash? When you want to quickly convert to/from a token (60 second not 6 days), but for a short period have a stable value. Or you want to avoid banks.

I.e. trading, gambling, drug deals, money laundering, etc.