[BillyTheKing]

absolutely not true btw - the largest use-case for stable-coins atm are people evading capital controls in emerging markets, including China, India, Nigeria, and similar, and in many latin American countries.

[throwaway290]

The stuff about Russia is true and is actually letter of the law

Also read how much NK gets from ransomware. Their nuclear program basically runs on crypto.

I never denied that regular people benefit in a small way, but the amount is incomparable and hey, they also don't need tumblers.

[robocat]

> hey, they also don't need tumblers

Yes they do need tumblers. Otherwise when they spend their undeclared crypto it is likely to be tracked by the government.