The stablecoin debate is simply too usually framed as a foreign money contest: euro versus greenback, or USD versus non-USD. That framing is politically intuitive, particularly in Europe, however from a market construction perspective, it’s incomplete.
Greenback stablecoins are usually not successful as a result of they’re philosophically superior to a different. They’re successful as a result of one ecosystem is extra liquid, extra built-in, and simpler to scale. Consequently, the general stablecoin market has now grown to greater than $300 billion, and it
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