What's the point on this "crypto"? It has the value of a dollar, is not decentralized, has no inflation and it is owned by a major financial institution.
https://futurism.com/goldman-sachs-launched-new-cryptocurrency/amp/
Decentralization wont really be fitted into this one and reading up on the link it clearly states or shows this Circle USD Coin. The new currency is basically a digital version of the dollar that you’ll be able to purchase by trading in, you know, real money. where this is just simply a fiat(dollar) which is on digital version. I dont know whats on their minds why they do call it as a cryptocurrency. lol https://futurism.com/goldman-sachs-launched-new-cryptocurrency/amp/