Good stuff…
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Question: if people start using defi because of the fed negative rates that wouldn’t out a lot of pressure sell on the usd making the price collapse?. By then making impossible to use as a stable coin?.
Good question. I think as or before that happens we will see other stable coin options become available that are pegged to other currencies or baskets of currencies or gold or some such. In other words I think the market will anticipate that event.