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 are indeed centralized and carry risks if trust breaks down, but so far, their adoption and utility are growing faster than the risks. As long as there’s regulation and transparency, contagion potential can be minimized.