I am not optimistic about any Web2 companies successfully creating stablecoins. I am optimistic about:
- The compliant stablecoin USDC from the combination of Circle and Coinbase
- Tether's stablecoin USDT for the third world and underground markets
- The stablecoin BUSD that Binance may return to after clear regulations
Because in Web2 companies, stablecoins have no application scenarios, no special advantages, and are a very low priority internally, lacking advantages compared to the three mentioned above.
I am not optimistic about decentralized stablecoins; they are meaningless due to excessive regulatory pressure. BTC and ETH can replace their functions.
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