Quote from: bluebit25 on Today at 09:04:20 AM

Quote from: revilo on June 25, 2021, 08:47:46 AM

Quote from: bluebit25 on June 25, 2021, 03:30:41 AM

It will impact in many ways, the role of stablecoins in this market has been an integral part.
I think stablecoins will have a positive or negative effect depending on the current market trend.

The market trend has absolutely nothing to do with the situation of stable coins. I would love to hear your reasoning that led you to your post... Nah, better keep it to yourself.

Stable coins are a perfect bridge between crypto and Fiat and they will be forever. Just the technology that those stable coins are based on will vary and change over time. There are already several approaches to providing a stable coin, most of which are centralized.

Despite being hit hard lately, the nascent DeFi sector has held its own with decentralized exchanges. Overall, stablecoins have done their job well and held steady across the ecosystem with on-chain stablecoin transfers hitting record levels during the peak of the sell-off. Personally, I think the impact will be more obvious in the future when the CBDC issue is deployed into this market.

If you truly hoping that when CBDC is rolling out it's gonna be available in decentralized market then be prepared to be disappointed
the point of government making CBDC is to take advantage of crypto technology while also preventing it from conquering their economy.
I can't imagine the government letting CBDC running wild without their control, but one thing for sure CBDC not gonna replace stablecoins.