thats probably true. there is a related negative that generally never gets spoken about.
The promise "worldwide USDC" is it amortizes inflation over potential 7B people instead of the 600M or so now. Further much of that USD activity will siloed. So a person in Africa using USDC to buy sugar from another African is fairly insulated from global market, thus the effects of inflation are somewhat dampened.
thats probably true. there is a related negative that generally never gets spoken about.
The promise "worldwide USDC" is it amortizes inflation over potential 7B people instead of the 600M or so now. Further much of that USD activity will siloed. So a person in Africa using USDC to buy sugar from another African is fairly insulated from global market, thus the effects of inflation are somewhat dampened.
This also delays the need for Bitcoin