You are viewing a single comment's thread from:
RE: Bitcoin Flash Rally As Tether Loses It's Peg
I heard today that there are over 50 stable coin projects in the works now with 27 actually in use. Chris, do you think all these projects have a serious chance to fight over dominance in light of US, Eurozone and British regulation? Wouldn't it be more likely that government/ Federal Reserve fiat stable coins will be the only ones allowed to live?
When you say 'allowed' it sounds like they will have the power to stop them. Some stablecoins will be unstoppable like DAI which runs entirely onchain. So yes I think they have a fighting chance.