Tariffs and Crypto: A Shift in Perspective
The world of finance is being shaken up by tariffs, huh? It’s fascinating to see how they’re forcing businesses and individuals to rethink their approach to cryptocurrency. With the traditional banking systems feeling the heat, digital assets like Bitcoin and stablecoins are stepping into the spotlight. Let’s unpack this a bit and figure out what it all means.
Stablecoins in the Tariff Chaos: USD vs USDC
With tariffs on the rise, especially from the U.S., fintech startups in Asia are turning to stablecoins such as USDC and USDT at an increasing rate. Why, you ask? Well, these digital currencies are linked to stable assets, giving them a bit of a safety net during the stormy weather created by tariffs. It’s becoming clear that startups…