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Stablecoins|Real competition—maybe it’s only just beginning
In the past, whenever people discussed stablecoins, they mainly focused on whether they could maintain their price against the US dollar.
But now, things are getting more complicated.
More and more financial institutions are starting to study issuing their own stablecoins, and payment companies are also thinking about how to use blockchain to reduce the cost of cross-border payments.
After the US regulatory framework gradually becomes clearer, stablecoins may no longer be just a tool in crypto trading.
They could become part of the global financial system.
The real competition in the future may not be about which stablecoin gets the most hype.
It may be about which one can be genuinely used by more people and more businesses.
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