Stablecoins Will Bring Growth, But Beware Central Banks: Execs

[Galaxy]

Fiat-pegged stablecoins should draw in new crypto users and help enterprises better deploy capital, but central bank digital currencies present a threat. Stablecoins are set to expand the reach of crypto markets, and have the potential to increase business-to-business efficiency in the coming years—if they don’t become irrelevant, that is.

That’s according to representatives from some of the largest stablecoin projects, who discussed the future role of dollar-pegged stablecoins at the 2020 LA Blockchain Summit today.
Info link: https://decrypt.co/44259/stablecoins-will-bring-growth-but-beware-central-banks-execs