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Cover image for Stablecoins can help governments with Covid-19

Stablecoins can help governments with Covid-19

abhishekdeltech profile image Abhishek twitter logo ・1 min read  

As the threat of Covid-19 boldens, governments are now left with no option but to announce stimulus packages. The extent of uncertainty is nothing but crushing.

Amid this chaos, the probability of this stimulus reaching out to the target can be quite low. To solve this, stablecoins could be used.

Here's some reading about it:

Stablecoins for emergency coronavirus payments: https://www.coindesk.com/the-us-should-use-stablecoins-for-emergency-coronavirus-payments

Cryptocurrency for Governments: https://minddeft.com/blog/the-future-of-blockchain-technology-five-predictions-for-2025-part-1/

Happy Reading!

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Now more than ever is the time to implement contactless transactions fully. If done right, could take off a lot of financial pressure.

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