Dan Romero
@dwr.eth
Stablecoins 1. They are increasing in usage! 2. Optimistic that the regulatory situation in the US gets better — legislation and clear regulation that allows fintech / banks / tradfi to gradually adopt. 3. Is it a good business? Probably not for consumer apps. Near to medium term for enterprise apps (before every financial app supports and margins compress). Very good business if you are issuing the stablecoin and getting the yield. 4. Even if not a good business for consumer apps, expect more consumer apps to leverage stablecoins for better UX (familiar unit of account! no perceptible price fluctuations!)—but as a feature not a business (in most cases). 5. A lot of financial businesses with relatively high fees, e.g. remittances, have them because of 1) compliance costs 2) last mile, e.g. converting to cash at a local store in another country. Will take time for people to be comfortable staying in stables.
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six
@six
how can i start issuing my own stablecoin?
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Dan Romero
@dwr.eth
It’s about to be regulatory captured
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