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A well traded alternative to usdt would be really helpful in the crypto market. The elections made it clear once again that trading or even owning crypto against the dollar is no fun and just an additional burden for some.
This is a laughably naive view.

Do you think you'd be able to trade crypto against this crap without consequences or serious downsides?

> The elections made it clear once again that trading or even owning crypto against the dollar

Oh, so you're a "trader". That's the only major use case for crypto, so I'll give that to you: if anyone deserves help from governments and central banks that's crypto traders.

Dude... i cash out in chf. I am not a trader, i just happen to earn some of my money in crypto. Some of which i hold in usdt to protect against losses in the crypto market. I can still regularly see it going up and down while the chf value basically stays the same. it would just be way less annoying to watch with a more stable currency.
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Sweet way to deal with the pesky debt the Eurozone countries are carrying.
Can we just get an IBAN account at the ECB with a log of related SWIFT messages as proof of payment. Please, don't make it too hard with all the different clearing mechanism and other ways banks like to make money. Actually can someone suggest a simple online bank with those two features: IBAN and log?
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