According to BlockBeats, Guotai Junan Securities Research has released a report analyzing the stablecoin market, pointing out six major myths. Myth 1: The value of stablecoins is not absolutely stable; it is affected by technical de-pegging risks and fluctuations in the pegged assets.
Myth 2: Not all fiat currencies can issue stablecoins in large quantities; development depends on the acceptance of the legal currency. Myth 3: Dollar stablecoins will not weaken the credibility of the dollar; instead, they strengthen its position and have a significant impact on other countries' currencies.
Myth 4: The impact of dollar stablecoins on the U.S. Treasury market is small and only slightly alleviates short-term debt pressure. Myth 5: Dollar stablecoins will not significantly increase the supply of dollars; the Federal Reserve can still control liquidity.
Myth 6: The support of stablecoins for the RWA market is limited; development depends on the quality of underlying assets, and it is still in the early stages.
