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terra1ncjg4a59x2pgvqy9qjyqprlj8lrwshm0wleht5 Memo 106101833 Thanks
This reduces competition using a single stablecoin. Competition brings innovation and a potential for better rates. As long as its 1:1, it doesn’t matter. Blockchains will improve and you want that competition.
Better get your funds in safu stable coins backed 1:1 by fiat. Audited etc. For example usdc, but also foreign stable coins like CAD, EUR, NZD and XSGD from DFXFinance Backed by fiat. Safu 🏦✅
Stablecoins are not that stable
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