2026-01-09 01:24:25

There's an interesting idea. Nearly 96% of the world's population lives outside the United States, but many of these people often lack access to USD — to put it bluntly, they can't open USD accounts at all.

This is where stablecoins come into play. As long as you have a smartphone, you can directly access USD. Even more impressive, the cost of cross-border transfers is ridiculously low — you can send money instantly to any corner of the world for less than a cent.

For those who have only lived in the US, this might not seem that important. But for most people around the world, this is a game-changing shift in financial rules. Traditional financial systems have high barriers to entry, but blockchain directly bypasses these barriers.

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Blockchainiac

· 01-12 01:19

Bro, now that you mention it, I just remembered that my mom has to transfer money to relatives in our hometown through the bank, and the transaction fees eat up dozens of percent. Stablecoins really need to give banks a lesson.

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LiquidationWizard

· 01-09 01:53

That's correct, but I think the key is whether it can save money when put into practical use, not just looking at the exchange rate being low. The traditional banking system is indeed outrageous, with high fees eating you alive. Stablecoins have really changed the situation for many people in Southeast Asia, I have to admit. It seems that the current problem is actually liquidity and deposits/withdrawals; some currencies simply have nowhere to exchange, making it pointless. This set of solutions is indeed a lifesaver for people without bank accounts. By the way, the ones who truly can't be pushed forward are still the vested interests of traditional finance; they don't want a revolution.

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HypotheticalLiquidator

· 01-09 01:48

It sounds great, but what about the cost of 0.01 cents? Has the liquidation price been calculated… A stablecoin collapse affects 96% of the global population simultaneously, revealing the true nature of the domino effect. People talk about low thresholds every day, but the moment borrowing rates soar, you realize what it means when the health factor drops below the threshold.

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FunGibleTom

· 01-09 01:40

Wow, this is the real use case, not those empty talk about trading coins. I've heard from my friends in the Philippines that remittance fees to send money back home are extremely high. With stablecoins, it’s instant and direct—this is true revolution. Traditional finance really should go bankrupt; these people have been making profits from the spread for so long.

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FUDwatcher

· 01-09 01:37

Exactly right, the banking system is designed for the wealthy; the poor simply can't access it. My friends in Southeast Asia are now using stablecoins, and the savings on transaction fees are enough to treat themselves to a good meal.

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