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

Short-term, centralized stables win on UX and adoption.
Medium-term, contagion risks will grow unless we diversify into decentralized stables (e.g. crvUSD, GHO, RAI).
Long-term, the winners will likely be hybrid models: partially backed, partially decentralized, with composable on-chain proof and reputational trust. 