There are already multiple stable coins that exist that are pegged to the dollar... | Hacker News

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charcircuit on Feb 8, 2021 | parent | context | favorite | on: Tesla buys $1.5B in Bitcoin, may accept it as paym...

There are already multiple stable coins that exist that are pegged to the dollar.

koheripbal on Feb 9, 2021 [–]

Pegging to the dollar is not really its own currency then.

...and yes, Tether is far more used than Bitcoin for non-speculative trading.

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