I've talked about stablecoins in many threads around here - mostly mentioning how they are different beasts from decentralized crypto platforms. I never really expounded on that though. The folks at Ledger published a fairly comprehensive look at one of the most popular (widely held/used)...
From the report:
That's just fractional reserve banking at it's finest.
Zimbabwe faced a challenge of hyperinflation in their fiat currency and decided to embrace the US Dollar and Gold coins. Details on their efforts can be found here: https://www.pmbug.com/threads/zimbabwe-made-gold-coins-legal-tender.4966/
Other countries that are fighting inflation in their...