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Stablecoins Outperform Bitcoin as Preferred Remittance Solutions During Conflict

Published by news.bitcoin.com on 8 hours ago

Stablecoins Outperform Bitcoin as Preferred Remittance Solutions During Conflict

Marshall Long, a veteran in the Bitcoin community, shared his experience of using stablecoins to send a remittance to a worker's family in Iran. He emphasized that in times of intense conflict, stablecoins prove to be more practical than Bitcoin due to their accessibility to fiat conversion options.

Long's account highlights the challenges faced in financial transactions during crises, illustrating how stablecoins facilitate such remittances more effectively than traditional cryptocurrencies.

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