I don't see the value in what the stablecoin offers (which is pretty much an IOU with a private company for actual money). Sounds like a risky process imo. And how much are you subject to them changing the rules? Like the other scam, Tether? 1:1 at first... but then 1:some variation of assets and money? How widely utilised is this offering anyway? Things to note the SBI CEO was on the BOD of Ripple. So take it with a grain of salt. What they say vs adoption since then? What its been almost 3 years now, hows it going? We'll see how the rhetoric changes around the IMF, they've already told El Salvador to drop bitcoin as legal currency. And quite frankly all other cryptos are the same. WEF does seem to be pro-crypto but who knows where that will go. As for the EU they are implementing regulations.
