#稳定币风险与合规 Recently discovered something interesting, Tether and HoneyCoin are collaborating in Africa to launch a POS platform that supports USDT payments? What does this mean?😅

At first, I was a bit confused, but later I understood - it turns out that stablecoins can also be used for daily payments in Africa. Just imagine, cross-border transfers used to be a hassle and very expensive, but now using USDT might solve this problem? It feels quite reliable.

But then, I also started pondering a question - are stablecoins really "stable"? Recently, there seems to be a lot of discussion about the risks and compliance of stablecoins, and I am a bit worried about the safety of USDT. Although it is the most widely used, what if something goes wrong? How is the regulation of these platforms?

That said, if this can really help merchants in Africa reduce costs and provide consumers with more payment options, then it is quite meaningful. I just hope that the relevant risk control can keep up and that we beginners don't fall into pitfalls. Can any experts explain the compliance issues related to stablecoins?