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Stablecoins Are Better Suited Than Bitcoin to Act as Money: MUFG Bank’s Lee Hardman

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Stablecoins Are Better Suited Than Bitcoin to Act as Money: MUFG Bank’s Lee Hardman

MUFG Bank currency analyst Lee Hardman says stablecoins are proving to be a more practical form of money than volatile cryptocurrencies such as Bitcoin. In a recent market note, Hardman explained that stablecoin growth is drawing more attention because these assets function as a digital form of cash.

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