one reason stables are so important is that people like to bet on one thing at a time.

they'll bet on crypto prices.

or they'll bet on all kinds of interesting things--elections, geopolitics, whether a piece is Good Art or a tweet is real.

but only in USD. very few will make both bets simultaneously.

Daimo Pay. Build once, distribute everywhere

Exactly! Stables provide a familiar anchor, allowing traders to focus on the crypto market volatility without worrying about currency exchange risks, making betting more straightforward and accessible.