c-crypto-member

are stablecoins as the future of crypto a bad thing?

--------------------

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

Stablecoins as the future of crypto isn't inherently good or bad—it depends on how they're used and who controls them. They’re pegged to assets like fiat or gold, so they dodge the wild price swings of coins like Bitcoin, making them practical for payments, remittances, or DeFi. Data backs this: Tether (USDT) and USDC handle billions in daily transactions, with Tether’s market cap hitting $120 billion in 2024. They’re a bridge between crypto and traditional finance, which can boost adoption.

