It is hard not to see a time when every company doesnt have its own token.
Also, I can foresee every major financial institution having its own stablecoin.
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It is hard not to see a time when every company doesnt have its own token.
Also, I can foresee every major financial institution having its own stablecoin.
Do you think this is a positive or negative thing? That every company has its own token and every financial institution has it's own stablecoin?
It sounds positive. But to me, no. If all institution or company should have their own token and stable coin, who will patronize who? There will be dragging everywhere. And me-first attitude must come in. Therefore, I can't hail such idea.
Who will patronize them? The same people who use their platforms now?
Dont people shop on Amazon? When on there, one will likely be using the Amazon coin.
It might not extend outside the network.
Unless so. Meaning that the Marchant will need to pass some processes before patronizing them. Like swapping of coin. Uhh, it may be somehow frustrating
I think it is very positive. It decentralizes control and will likely be tied to a couple unit of accounts. The USD will be the measurement if I had to guess simply because so many are familiar with it.
The corporations will have to go asset backed because that is what regulation will require. To me, that is not the true power of stablecoins...it is the algo ones.
That is where I think the major impact will be felt.
But there will be the when in Rome....
On PayPal's network, they have their own stable. Leave there and use something else.
this is positive, the future looks so bright
how does this help Crypto in the future
In my view, it helps to bring people into the world of digital assets and wallets. They will be involved when on PayPal, Amazon, or WalMart.
The stablecoins will be on those networks, with decentralized ones operating outside.
i think Paypal already have a stable coin