Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
  • @paf0@lemmy.worldOP
    -4•4 months ago

    It would be real money if the federal reserve issued it. Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

    • @Passerby6497@lemmy.worldEnglish
      1•4 months ago

      It would be real money if the federal reserve issued it.

      No, as you said, its a stable coin backed by real money.

      Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

      Cash transactions can easily be reversed, unlike blockchain, but nice bait.