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The biggest use of stable coins today is
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in digital asset trading. But there is
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interesting take up of uses in payments,
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especially in developing countries,
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places with high inflation. But a lot of
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interesting experiments and activity
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going on in places like the US with
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major financial services firms because
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there's tremendous efficiency especially
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for any kind of crossber transaction in
00:00:23
using a stable coin as opposed to the
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traditional payment system. And then the
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other potential uses are tremendous as
00:00:29
well, but they haven't really taken off
00:00:31
yet.
