#香港加密概念股

Will the emergence of stablecoins cause the price of Bitcoin to drop?

Will the emergence of stablecoins cause the price of Bitcoin to drop?

Hong Kong is also about to launch a China-led stablecoin; if there is a stablecoin for gold, wouldn't this world change dramatically?

Stablecoins are different from other cryptocurrencies because they are backed by actual assets. They can bypass banks and limits, enabling borderless transactions.

In this case, the advantages that Bitcoin originally had are basically all present in gold-backed stablecoins. Is Bitcoin still as appealing?