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RE: Coinbase and Circle partner to launch USD stable coin
It'll be like national currencies, the owner of each one thinking theirs is better than the other one. After this plays obsession with stable coins burns out, we'll be back left with one true crypto... Bitcoin! :-)
People just want a way to can keep their purchasing power when they think bitcoin may be due for a pullback. Once it starts going up again, money will flow from stable coins back into bitcoin for sure.