this post was submitted on 27 Oct 2025
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IBM Unveils Digital Asset Platform as Demand for Tokenization, Stablecoins Grows (www.coindesk.com)
submitted 1 month ago by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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The IBM Digital Asset Haven, developed with Dfns, aims to offer banks, governments and enterprises a full-stack platform for token custody, governance and compliance.

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[โ€“] phutatorius@lemmy.zip 2 points 1 month ago (1 children)

Can someone explain the rationale for having stablecoins at all?

[โ€“] BD89@lemmy.sdf.org 1 points 1 month ago

That's usually for people who trade crypto so they stable up during dips or whatever then buy back in.

Personally I think it defeats the whole purpose of a decentralized currency to have it tied to a Fiat dollar. Would be more beneficial to have it tied to a resource of some sort or something similar for some semblance of "stability". In my opinion, of course.