Blockchains are becoming dollarized: Now what?
The merit of stablecoins is that they create demand for the blockchain — driving fees that are necessary to pay for mining, and hence security.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The merit of stablecoins is that they create demand for the blockchain — driving fees that are necessary to pay for mining, and hence security.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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