[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Willy Woo [@woonomic](/creator/twitter/woonomic) on x 1.2M followers Created: 2025-06-20 06:30:45 UTC @PeterSchiff It's the same reason why gold isn't used to settle trade, we still price everything in fiat. Stables are a form of psuedo-banking on modern rails, invented to bank the unbanked - crypto exchanges. They scale with BTC size as the other side of the market's orderbook. XXXXXX engagements  **Related Topics** [exchanges crypto exchanges](/topic/exchanges-crypto-exchanges) [exchanges](/topic/exchanges) [fiat](/topic/fiat) [woo](/topic/woo) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/woonomic/status/1935948416305222020)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Willy Woo @woonomic on x 1.2M followers
Created: 2025-06-20 06:30:45 UTC
@PeterSchiff It's the same reason why gold isn't used to settle trade, we still price everything in fiat.
Stables are a form of psuedo-banking on modern rails, invented to bank the unbanked - crypto exchanges.
They scale with BTC size as the other side of the market's orderbook.
XXXXXX engagements
Related Topics exchanges crypto exchanges exchanges fiat woo bitcoin coins layer 1 coins bitcoin ecosystem coins pow
/post/tweet::1935948416305222020