#StablecoinLaw Stablecoins for Everyone??
US President Donald Trump signed a law indicating that stablecoins may become commonplace for financial transactions of ordinary citizens! Soon, banks and financial companies may make coins as common a currency as the national currency.
As of today, there may be two ways in which stablecoins can improve people's financial situation:
📍Coinbase and PayPal allow the purchase of stablecoins for USD and earn 4% annually.
📍Cashback for payments made with stablecoins
Probably, a person used to the traditional way of payment is unlikely to want change, but marketing can do its job and lure the audience with more attractive offers.
Despite everything, the current government may resist, just like the traditional financial industry.