On: US Treasury to Allow Blockchains, Stablecoins for Bank Payments

[londons_explore]

These will be private blockchains, not the public bitcoin network.

They don't really have any benefits over a centralised database except sounding good to management.

[drchopchop → londons_explore]

Exactly, and they have no incentive to make random public stablecoin bagholders rich.

[tuesdayrain → drchopchop]

I can assure you that no one is "bagholding stablecoins" in hopes to become rich.