This is exactly why $COPm matters to us.
When people can use onchain tools in their own currency, things just make sense. Paying, saving, lending, all without switching to dollars or learning something new.
For Colombia, having our peso stablecoin on @Celo, backed by @MentoLabs, means building for real life, not just for crypto users.🌱🇨🇴
https://twitter.com/Celo_Col/status/2012131867714072685

Twitter

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Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
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