Post
Topic
Board Economics
Re: Increase in stable coins adoption might just be the key to crpyto dominance.
by
_act_
on 28/08/2023, 09:07:52 UTC
If there are no stable coins, there would be increasing crypto adoption. Without any cryptocurrencues, including stable coins, there is nothing that can stop bitcoin adoption.

Increase in stable coins adoption might just be the key to crpyto dominance.
Bitcoin does not depend on stable coins.

I stumbled upon a captivating news piece online titled 'Stablecoins Settled as Much Value as Visa in 2022.' It's quite intriguing. Lately, I've been engaged in discussions with my friends about the implications of the growing adoption of stablecoins as a payment option in the current global landscape. To me, it appears to be a positive trend for the world of cryptocurrenciesand us crypto users. More individuals are becoming acquainted with crypto, and it's increasingly becoming a preferred choice for many.
Most stable coins are pegged with United States dollar which is why some countries will nit accept it. What I think would be common that is digital are CBDCs. CBDCs are also still fiat.

For payment, I will prefer to use bitcoin if it is cryptocurrencies that you are talking about.