I am not optimistic about any Web2 company successfully creating stablecoins. I am optimistic about:
The compliant stablecoin USDC from the combination of Circle and Coinbase
The third-world and underground stablecoin USDT from Tether
The stablecoin BUSD that Binance may return to after regulatory clarity
Because within Web2 companies, stablecoins have no real application scenarios, no special advantages, and their internal priority is extremely low, lacking any competitive edge compared to the three above
I am not optimistic about decentralized stablecoins; they are meaningless, as the regulatory pressure is too great. BTC and ETH can replace their functions.