Spoke with
@coindanslecoin
from
@Cointelegraph
on how stablecoin utility reveals itself after launch. What matters isn’t who issues it or what it’s marketed for, it’s what people can use it for.
Thanks to platforms like
@Paxos
@m0
@brale_xyz
issuing a stablecoin is easy, and soon we will pass 1m+ stablecoins issued. What's really hard is to get it into 'real' circulation, to build a network around it to maximize liquidity and utility. There are many stablecoins with $1b+ mCap without any real utility or circulation yet. Only a handful will cross the chasm.