El Salvador Adopts Bitcoin But a Stablecoin May Have Worked Better

Ever since El Salvador’s president Nayib Bukele activated his laser eyes and made Bitcoin the nation’s legal tender this week, crypto communities have been gushing about this latest milestone. But in his bid to provide his citizens with more financial freedom, did Bukele pick the wrong token?   Stablecoins — cryptocurrencies that peg their value to …

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