Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy. Dow
South Korean Do Kwon presided over one of the biggest busts ever in the volatile crypto sector. His Terraform Labs Pte created the TerraUSD stablecoin, which was meant to have a constant $1 value via a complex mix of algorithms and trader incentives involving a sister token, Luna. Their combined value soared past $60 billion
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The narrative of those who refuse to imagine a future in which cryptocurrencies will be integral to the financial system now seems forced, self-serving, and even fanatical, Silvina Moschini writes. ADVERTISEMENT Nothing