There’s Nothing Controversial About Stablecoins (except to those they threaten)
Stablecoins are making a lot of noise these days. It seems almost everyone is bringing out a new stablecoin.
The most well-known one, Tether, is having issues. With the added competition, do not be surprised if these newer coins eat into Tether's market share. The coin surged to a $3 billion marketcap in spite of issues with it.
Stablecoins offer the advantages to tokens while eliminating fees. While the SWIFT backers harken the wonderful 30 minute settlement time, stablecoins do that within minutes, if not seconds.
In a decade, stablecoins will be the norm. It will only take a Wal-Mart or Amazon to realize how much they can save by going this route.
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Cred and PwC will have a brand value edge, people will trust that particular stable coin.
Good job and we have similar opinions.
It is clear that the stablecoin brings advantages such as liquidity in the crypto market
But from my point of view I think that if the crypto eliminated the problem of a third party and transparency, that disappears.
We convert exchanges into central banks, and we leave big business and power in others.
Economic history does not change, we change some actors for others.
its just my opinion. Nice article
Great post!
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