X @Wu Blockchain
Wu Blockchain·2026-01-28 04:50
Bitcoin OG Adam Back: Stablecoin issuers now hold more U.S. Treasuries than some major nationsOn October 7, 2025, in a Forbes interview, Hashcash founder Bitcoin OG, Adam Back stated that stablecoins serve as a modern replacement for wire transfers. He explained their emergence a decade ago, when Bitcoin exchanges faced inefficient payments due to limited banking access. Initially used for fast dollar or euro transfers between trading platforms, their convenience later attracted businesses and individual us ...