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Retrieved on: 2024-05-07 18:59:29
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Summary
The article discusses the dominance of bots and large traders in the stablecoin market, indicating that real user transactions are a small fraction, which suggests that stablecoins like DAI or USDT have not yet achieved mainstream adoption in payments compared to traditional systems like PayPal or Visa. This connects to the key concept of Cardano as another cryptocurrency that could be affected by similar adoption challenges, and relates to tags about cryptocurrencies, payment systems, and decentralized finance.
Article found on: ambcrypto.com
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