Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stablecoin craze

Ah, Jack Dorsey. The man who once scoffed at the idea of anything other than Bitcoin dominating the internet’s financial realm now finds himself reluctantly bending to the mighty demand for stablecoins. How the mighty have fallen. Or maybe, how the pragmatic have evolved. In a candid interview with WIRED, Dorsey admitted that, despite his deep personal convictions, his company must now embrace the inevitable.


