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Stablecoins can help connect fiat and crypto, but if they’re not well-backed or regulated, they could cause even bigger problems.
no one’s talking about the REAL question: can stablecoins actually bridge that fiat-blockchain divide or are we just setting up for a massive disconnect?!
brooo, stablecoins saving the day or just gonna start a turf war? 🤔 can we trust these coins or are we just asking for
Fragmentation risk: stablecoins’ potential to splinter into disconnected systems challenges the vision of seamless cross-border payments. Regulatory harmonization, interoperability,
The promise of stablecoins: stable, digital money bridging fiat reliability with blockchain efficiency. Will they enable seamless cross-border payments or fragment into disconnected systems? A recent report by Ripple and Global Digital Finance explores this crucial question and outlines five key takeaways for global stablecoin adoption. The main challenges lie in regulatory harmonization, ensuring interoperability, and distinguishing between regulated and unregulated stablecoins. Collaboration and interoperability are crucial for achieving true fungibility and building a reliable global financial system.
Cryptographic Interoperability: The Global Adoption Model | Ripple
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