Call them stablecoins, not crypto
Stablecoins are regulated as money-like tokens with par redemption and reserve duties, distinct from volatile cryptoassets; that split now shapes licences, use cases and how on-chain settlement reaches mainstream payments. Most people say “crypto” and mean everything that moves on a blockchain. Linguistically convenient; analytically disastrous. A decade and a half after the Bitcoin white … Continue reading Call them stablecoins, not crypto
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