Coinbase is launching support for the USDC stablecoin
Stablecoins seem like they would achieve most of the goals of the original cryptocurrencies such as Bitcoin:- Decentralized transactions- 24/7 access- Low fees- Store of valueI suppose the only drawback here is that they're issued from a centralized authority. That said, for practical purposes the vast majority of Bitcoin holders didn't mine their own coins either.Despite this, no one on Twitter[1] seemed excited. In fact they seemed upset that Coinbase didn't announce support for their cryptocoin du jour (mostly Ripple or Cardano). This is a recurring theme on all the subreddits I've visited: People rarely care about the usage of their cryptocurrency, they're only interested in its price.A cryptocurrency that stays the same value is not very interesting to traders and therefore most of the cryptocurrency community.[1] https://twitter.com/coinbase/status/1054764504259543041