c-crypto-member

are stablecoins as the future of crypto a bad thing?

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the current stablecoin marketcap is $237.49B

not a huge part of the crypto as a whole YET, but i foresee it being the main way people interact and use it as time goes on

the question is - is it a potential contagion considering how centralized all stables are?

or does present adoption outweigh future centralization risk?



Community strategy at @offchainlabs,  contributing to /arbitrum

I believe that the market capitalization of stablecoins will definitely grow larger in the future. 

They play a crucial role in the entire cryptocurrency industry, which also means their risks will increase. 

However, as governments around the world gradually recognize the status of cryptocurrencies, it is likely that countries will collaborate to develop compliant stablecoin projects. 

This way, users can feel more at ease using stablecoins.