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Local stablecoins are great, but who really needs them?
Users need a reason to hold a local token before merchants have a reason to accept it. Merchants need enough users and liquidity before accepting it becomes worthwhile. Liquidity providers need enough trading activity to make money, but more trading activity requires more users, restarting the cycle.
Read the full article at techcabal#local#stablecoins#money#million#users#african#reason#hold#enough#liquidity
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