Now many banks intend to issue stablecoins. True, this is mainly done by the central banks of states, since it is they who manage the national currency, which is to ensure the circulation of a stablecoin. The European Union countries need to issue a common stablecoin backed by the euro.
This process shows the prospects for the implementation of blockchain technology in the financial sector and, in general, will contribute to the popularization of cryptocurrency. However, on the other hand, stable coins of states will be strong competitors to decentralized cryptocurrency as a means of payment.