El Salvador’s Bitcoin plan: take your USD and turn them into worthless tethers

and what are you proposing to bank the unbanked of Latin America in what could be months rather than years?

I’ve not seen anywhere that says that Zap is buying USDT; in fact, I would assume they would be using USDC and GUSD and other regulated stablecoin tokens. And also, I am still yet to see the fall of USDT, and the liquidity pools grow deeper…

I appreciate the system of exchange seems convoluted by conventional standards but hey — this is the internet. The On boarding of millions of unbanked in the next few months and giving them access to borderless and decentralized finance will change the world.