<oembed><type>rich</type><version>1.0</version><title>dk wrote</title><author_name>dk (npub1ku…9kdj8)</author_name><author_url>https://yabu.me/npub1kuy0wwf0tzzqvgfv8zpw0vaupkds3430jhapwrgfjyn7ecnhpe0qj9kdj8</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>yeah, the only digital-dollar to bank-dollar stablecoins I know of at scale are USDT and USDC. And they have a mess of inteop issues due to all the competing L1s they issue them on.&#xA;&#xA;I’m not sure how to do stablecoins outside of having someone hold bank dollars and issue digital dollars — esp if you need to use those dollars in the tradfi system at any point. I wouldn’t use them, but there is massive global appetite. So I think Shehzan is suggesting keep the bank&lt;-&gt;digital dollar issuers away from bitcoin, because ultimately they’re captured&#xA;&#xA;I’m not sure if owning some sort of synthetic dollar has a credible use-case/sovereign technology solution yet.</html></oembed>