Experts: stablecoins are our future. Is it true?
The industry does not stand still, changing almost daily. Changes occur constantly, and that is why in order to stay in trend, you need to study popular opinions regarding the future of digital coins. For example, now some experts believe that cryptocurrencies are the last century and there is no future for them. In a bright technological future, stablecoins will lead us. Adherent to this point of view is the supranational regulator of France. Next, we will tell you whether it is worth selling your own coins and buying stable digital assets. So let’s get started.
What exactly experts say
The French financial regulator, namely the Financial Action Against Money Laundering Development Group (FATF), is actively studying stablecoins. Experts have noticed that stable digital money is gaining momentum, becoming more popular. According to experts, today the lion’s share of digital platforms and even entire states are taking on the development of their own stable assets. This thesis is detailed in the corresponding report. In the work, experts say that stablecoins have much greater potential for mass adoption. Cryptocurrencies, according to experts, have too complicated a mechanism for generating the current price. Serious companies cannot afford to use tools that are difficult to predict. The stablecoins are the solution. Such coins are tied to a specific fiat asset. Most often we are talking about gold or the dollar. Thanks to this connection, the coin can work stably and remain relevant even in a crisis.
Is it because of the popularity of stablecoins?
In fact, it is too early to abandon cryptocurrency in favor of stable digital money. Yes, of course, stablecoins are really much more understandable and easier to learn for a new user. But this does not make them better than traditional cryptocurrencies. We are of the opinion that there is nothing wrong with distributing stablecoins. They are preparing a solid foundation that will one day allow us to use cryptocurrency everywhere. Big companies realize that giving up Blockchain is stupid. States come to the same point. But due to the too low volatility of taxpayers and customers, we do not yet see the development of real cryptocurrencies. Stablecoins are a compromise that will not become our future, but will prepare people for the correct use of cryptocurrencies. So do not be afraid of stablecoins, invest in promising projects and work with these assets. At the same time, saving savings in cryptocurrency. It is such a calm and robust approach that will allow you to win both in the short and long distances.
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