Stablecoins make sending money easy until someone needs to spend it
When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the person who has to use it. Their rent may be due in local currency. Their nearest cash collection point may be across town. They may want to spend some of […] The post Stablecoins make sending money easy until someone needs to spend it appeared first on CryptoSlate.
Key Takeaways
- When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the person who has to use it.
- Their rent may be due in local currency.
- Their nearest cash collection point may be across town.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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