A new report by cryptocurrency and blockchain advisor, George Samman, titled The State of Stablecoins 2019, details the history of money and makes an argument for why stablecoins represent the natural evolution of where money will head next.
Here is the link to the article:
https://bravenewcoin.com/insights/new-report-says-stablecoins-may-become-the-new-moneyAre any of you invested in the projects mentioned in the article? I am pretty interested in Maker and Ampleforth tbh
I won't really contradict with his thought because I believe the same is going to happen. However, those will be issued by governments only. As of now we have quite a few stablecoins in the market like USDT or True USD etc. None of these coins are issued by an authorized agency so that it can be used as a replacement of fiat.
However, the way economy is moving, soon we will see government agencies will be issuing digital currencies instead of paper money. In that essence, George is correct! But existing crypto stablecoins are not the future, rather just a glimpse of it!