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

As a user, stablecoins are incredibly helpful for daily transactions or storing assets without fearing price drops. It's more practical than having to worry about prices going up and down. Regarding centralization, that's probably a developer's problem; what's important for us is just being able to use it