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Learning & News => News related to Crypto => Topic started by: newshunter on April 20, 2021, 01:03:35 AM

Title: A nightmare on Stable Street: Centralized stablecoins may be doomed
Post by: newshunter on April 20, 2021, 01:03:35 AM

A nightmare on Stable Street: Centralized stablecoins may be doomed

Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution.

Source: A nightmare on Stable Street: Centralized stablecoins may be doomed (https://cointelegraph.com/news/a-nightmare-on-stable-street-centralized-stablecoins-may-be-doomed)

Would appreciate your opinion about this

Title: Re: A nightmare on Stable Street: Centralized stablecoins may be doomed
Post by: TomPluz on April 20, 2021, 05:32:50 AM

I don't agree that stablecoins as what we have now in the cryptocurrency can be heavily affected with the coming of CBDCs. No, those two are so different and although their use-cases can somehow be similar I think the users are not gonna be the same. I see no reason for stablecoins to be alarmed by the eventual coming of digital currencies provided by central banks. Let's not go imagining things way beyond what can be possible.