Yeah, this point about stablecoins essentially becoming our future CBDCs is pretty smart, actually. For governments, it just makes so much sense, right? Why build something from scratch when Tether or USDC already have massive user bases and infrastructure?
The idea of them just adding rules for KYC/AML on top of what already exists... that's the shortcut to control. It's a bit scary how much power that puts into the hands of a few, cutting out banks as a middleman for monetary policy.
I've been thinking, if this really happens, how does it impact DeFi? Do we just see a split, where the 'official' stablecoins are used for regulated stuff, and truly decentralized ones become even more niche but important for privacy? It feels like the next big battleground. What do you guys think happens to the existing DeFi ecosystem if this plays out?
Let's not forget that credit/debit cards will be phased out, once stablecoins become the de-facto digital Fiat currencies. Credit management will be taken care of a centralized app both stablecoin issuers and governments control. My guess is that countries that are already working on a CBDC or launched it, will change their mind and move to stablecoins instead. China and the EU are next. Now Russia is planning to build a stablecoin on the TRON blockchain. More info on that here:
https://www.coindesk.com/business/2025/07/04/russian-state-giant-rostec-plans-ruble-pegged-stablecoin-payment-platform-on-tron-tassThis is the future whenever we like it or not. Better be prepared for such drastic changes, just in case. Who knows how long will it take before stablecoins take over the world (therefore putting an end to cash/paper money)?