A brief search of "wikipedia ai review" turned up six other sources for this story on the first page.
How is this not just an unneeded reinvention of the wheel? We already have banks, we already have currency, we already have international trade and currency exchanges, we already have electronic transfers... why do we need this mess?
But what I can't wrap my head around is why anyone would want to do that. You don't have to buy stablecoins to spend dollars, you can just spend dollars. That is true across the globe, in almost every other nation. Why create a new currency exchange system that people would have to use domestically? What lunatic wants to exchange dollars for stablecoins so that they can use them to buy things IN DOLLARS?!?!
Finance is already byzantine and opaque. Why make it worse?
What the hell are these things? What are they for? Why should they exist?
This is a good time to punt work.