European banks to launch euro stablecoin in bid to counter US dominance

https://lemmy.dbzer0.com/post/54284940

European banks to launch euro stablecoin in bid to counter US dominance - Divisions by zero

Lemmy

Why? Is so dumb.
The market can stay irrational with various crypto currencies longer than you can stay solvent, so you fight irrationality with your own brand of irrationality.
Exactly, You said my mind. If the game isn’t rational, pretending it is just gets you wrecked. You either adapt to the madness or get priced out by it.