Stripe CEO Patrick Collison said stablecoins are gaining adoption because they offer businesses faster, cheaper and more reliable payments than traditional systems.

  • technocrit@lemmy.dbzer0.comOP
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    1 day ago

    it feels like a “true” digital currency would be the better solution,

    For whom?

    everyones jumping on Stablecoins because they’re here now and less regulated.

    Yeah. Nobody wants to wait around for an imaginary solution from the state. Nobody really wants the state violently attacking their lives. So yeah cryptos are a much better choice for most people and institutions.

    • jacksilver@lemmy.world
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      1 day ago

      For your first question, I think the average person would benefit from a simple digital currency that let’s them exchange “cash” without having to jump through a bunch of hoops. Venmo, Zelle, etc. are all proof that normal people want easy ways to pay each other.

      As for your second point, I’m not sure I follow. But I assume you’re implying that crypto is better because it isn’t tied to the state?