The $240b in stables are centralised. We can secure them with a five dollar wrench if necessary. Cancel and reissue coins if shit happens
ethereum has a trillion dollar problem nobody wants to discuss
$300b market cap securing $1t in stablecoins breaks basic proof of stake economics. pajke called it: the math doesn't work
circle and tether might need to become ethereum's largest holders just to keep the chain functional. imagine explaining that dependency to regulators
tether alone added $20b on tron this year. jpmorgan sees $500b stablecoins by 2028. eth market cap isn't keeping pace
the "decentralized computer" requiring centralized stablecoin companies to prop up its security model wasn't in the whitepaper
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