@gaoi
The regulation of stablecoins is heating up. After Tether’s USDT faced increased scrutiny, the market is now watching how governments approach USDC and new entrants like Diem (formerly Libra) or PayPal’s PYUSD. Stablecoins have become crucial for DeFi liquidity, but USDT and USDC still make up most of the market share. With EU’s MiCA and US Treasury regulations looming, what will happen to the centralized stablecoin market if regulations stifle competition? Could a central bank digital currency (CBDC) kill the future of decentralized stablecoins, or will crypto-native stablecoins manage to thrive in a regulated world?
0 reply
0 recast
0 reaction