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Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

CoinDesk· John O’Connor· Jun 13, 2026 · 4:51 PM
Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.

This is a summary. Read the complete story at CoinDesk below.

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