the real value of local stablecoins isn’t in holding them, it’s in the efficiency they create. they make it easy to move in and out of any currency, something traditional systems still fail at. from my experience building stablecoin infrastructure, this flexibility is what actually empowers people: faster movement, cheaper transfers, and access to global liquidity when they need it.
I saw my families net worth drop 50% in one year.
I'm super bullish USD denominated stablecoins not because I live in NYC now but because I grew up in Egypt.
You can not imagine how much people hate their local currencies.
USD is the global currency. Everyone would hold it if they could.