technocritEuropean banks to launch euro stablecoin in bid to counter US dominance
What is the use case of stable coins? Fast international money transfer? Or are there other I’m not aware of
That’s basically the core use case: fast, borderless transfers without volatility. Beyond that, they’re mostly used as on/off ramps inside crypto, a parking place during market swings, and for dollar denominated settlement where traditional banking is slow or unavailable.👌