๐ Remember when sending a text abroad felt like sending a carrier pigeon? ๐ Well, stablecoins are the WhatsApp of money transfers! ๐๐ธ
1๏ธโฃ Venture firm a16z says stablecoins are slashing remittance costs from $12.13 to $0.01! Imagine sending $200 to Colombia and paying less than a penny! ๐ค
2๏ธโฃ Businesses are catching on too, with SpaceX using stablecoins to dodge FX volatility. ๐
3๏ธโฃ But wait, regulators are still figuring out the rules. A new bill could clear the path for stablecoin domination! ๐
What do you think? Are stablecoins the future of money? Comment below! โฌ๏ธ