People have figured out how to hold stable value on blockchains by using them to issue contracts for difference. You can acquire a token that maintains the same value as the dollar, backed by people betting on price changes between the dollar and the blockchain's internal currency.
Volatility isn't a drawback of cryptocurrencies anymore, and it's going to be entertaining when countries with capital controls discover this.
Volatility isn't a drawback of cryptocurrencies anymore, and it's going to be entertaining when countries with capital controls discover this.