Airwallex
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💬 CEO of Airwallex criticized stablecoins — "there's no benefit even in currency exchange"
1️⃣ Jack Zhang stated that converting stablecoins to euros is more expensive than through the interbank market.
2️⃣ He also noted that in 15 years there have been no significant cases of practical application of cryptocurrencies, despite their development.
3️⃣ According to him, the industry remains under-researched and practically ineffective for international transfers.
📉 The statement sparked controversy: some supported it, while others accused Zhang of misunderstanding the role of DeFi and Web3.
💬 What do you think — do stablecoins have a future or are they just a convenient tool for traders?
❤️ Like, subscribe, and share your opinion in the comments!
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#Stablecoins #CryptoDebate #Airwallex #DeFi #CryptoNews
$USDC $XRP
1️⃣ Jack Zhang stated that converting stablecoins to euros is more expensive than through the interbank market.
2️⃣ He also noted that in 15 years there have been no significant cases of practical application of cryptocurrencies, despite their development.
3️⃣ According to him, the industry remains under-researched and practically ineffective for international transfers.
📉 The statement sparked controversy: some supported it, while others accused Zhang of misunderstanding the role of DeFi and Web3.
💬 What do you think — do stablecoins have a future or are they just a convenient tool for traders?
❤️ Like, subscribe, and share your opinion in the comments!
---
#Stablecoins #CryptoDebate #Airwallex #DeFi #CryptoNews
$USDC $XRP
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