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Doomsday Scenerio: What If?

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So lets say we live in an alternate world where everything is the same except that cryptocurrencies are suddenly banned from being converted from and into fiat in the USA. I was wondering in this hypothetical universe, what would happen to the stable coin in terms of liquidity and stability? Would it collapse? Also what would be possible ways to ramp in and out once central exchanges and bank systems deny conversions from and into fiat?

submitted by /u/Chaadil
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