Can Stablecoins Promote the Mass Adoption of Cryptocurrencies?
In any case, they will help in terms of adoption, but not as much as the others. Would not it be more efficient if "normal" crypto was used instead? Stablecoins are the digital face of usd or gold. Even stablecoins themselves are backed up by valuable assets in the world. While crypto was created to get away from these assets, but stablecoins are the only assets that bring them closer to us.In any case, they will help in terms of adoption, but not as much as the others. Would not it be more efficient if "normal" crypto was used instead? Stablecoins are the digital face of usd or gold. Even stablecoins themselves are backed up by valuable assets in the world. While crypto was created to get away from these assets, but stablecoins are the only assets that bring them closer to us.