Will stablecoins survive once the banks catch up?
Summary
As traditional financial institutions begin exploring digital currency technology, industry observers are questioning the long-term value proposition of stablecoins. Traditional banks are increasingly moving into the digital asset space, raising doubts about whether crypto-based tokens can maintain a competitive edge.
As crypto firms and banks converge, it is fair to ask what lasting advantage stablecoins have, argues Alessandro Hatami, founder of Pacemakers and former COO of Digital Banking at Lloyds Banking Group.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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