#opinion 😐 **Kevin O'Leary**: The currency market is old, ugly, and inefficient. Its main threat is regulated stablecoins.
◽️ The financial industry fears stablecoins and actively lobbies against them because they can undermine the business models of traditional payment platforms.
◽️ Once the SEC passes a stablecoin law, all key regulators, from Abu Dhabi to Switzerland, will follow the US.
◽️ Regulation will pave the way for trillions of institutional capital to enter crypto.
◽️ The stablecoin market is already valued at nearly $250 billion.
__Kevin O'Leary - Canadian entrepreneur, billionaire, investor, and TV host.__