Société Générale’s useless euro stablecoin: when bank blockchain units go feral
amycastor.com
The first bank-issued stablecoin! If you stretch the word “first” and the word “stablecoin.”

let’s start the sub off with some ordure flinging. Amy and I write these every few days and I’ll be posting 'em here.

  • David Gerard@awful.systemsOPMEnglish
    5·
    9 months ago

    ehh fair call. they can’t do it as blatantly as crypto does, crypto is in a different class of criminality.

    also, look at stuff like the compliance obligation that just got put on binance. that’s a normal compliance requirement for a badly behaved bank, and absolutely crippling when your only business case is crime.