Say No To Treasury-backed or institutional stablecoins

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Treasury-backed or institutional stablecoins are detrimental to crypto!

These will ultimately lead to stablecoins that are programmable money.

In other words, the issuers of these stablecoins will be able to manipulate them at will, freeze, burn, or inflate them as they please, rather than allowing the market to dictate.

This will foster more centralization, which goes against the entire ethos of crypto!

Like and repost this to spread the message that we do not like this, and follow me to join the fight.

Governments and institutions are harmful to crypto! CryptoJayTrades

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