Withdraw ₳4,000,000 for Expanding Stablecoin / Cardano Native Asset Support / Fiat Ramps - Yay or Nay?

dear @Terminada - I composed this message to you also by PM on Matrix, and at the last minute decided to drag it out into the open: since I believe these issues are of general interest. As memory serves, this was the stablecoin project that Emurgo was developing:

Nothing apparently came out of it except this stablecoin on Ergo (the Ergo Foundation, besides IOG, was the other partner for that project):

… which to my knowledge was never seen on Cardano, and whose only remnant I can find today is a web site that’s down now (I had it bookmarked form 2021): sigmausd.io

The Anzens team would have my vote if I had registered as a dRep in time for this voting caucus. As I told you by PM earlier, they’ve privately promised me a public response about this vital issue in their roadmap:

… specifically, whether & how their service will support retail use: vs. just being a B2B partner, leaving end-user services to an unknowable array of companies in a potentially fragmented service market: like the chaos that we see all over the payments industry. If available directly to retail, it would be worth to the community every lovelace of the budget they are asking for — and vital to me as both a producer and consumer on Cardano.

Someday :100: of my income will see the fiat world through a service like this and I don’t yet see any reason why Anzens isn’t prepared to be that service. Until then, my own assessment of their business requirements suggests that they will have to bear, not just development costs, but compliance costs: which can be daunting. If detail about all this is available (I haven’t looked for it) then I believe it would help to see a digest here (or linked / copied from the proposal if it’s already been prepared).

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