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Stables on XION
I would love to talk about the used cases but let me highlight the fact that we need $USDT too. $USDC is great but varieties will aid more adoption. That being said,
little confession, before I started interacting with @burnt_xion, for me stable coins were for profits, and preservation lol..
If i am ever converting $XION < $USDC that means I want to preserve my liquidity then send it to CEX, and the rest is history.
XION moves a step further to add more value to stables like $USDC through the partnership with Circle.
@burnt_xion became the first blockchain that accepts USDC for gas payment, meaning users can simply chose to pay gas fees in stables. For me I think it's really great.
there are so many reasons why I chose 𝐔𝐬𝐞𝐫 𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐛𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧, this feature is absolutely one of them
Have you used the feature before, share your experience or what you think about it.