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RE: Coinbase Stablecoin - SWIFT Panics About Crypto - $16m Bitcoin House
I wrote a long reply and then decided to just make my first ever STEEM post (I got my first ever STEEM account thanks to @marketingmonk)
https://steemit.com/usdc/@yes2crypto/why-does-coinbase-need-a-stable-coin-when-they-have-usd-here-are-10-reasons has some reasons that might help answer you.