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Why nations cannot miss out on Stablecoins as Strategic National Assets:
A Global View
For years I followed and was in the heat of the crypto, blockchain and stablecoins revolution and then I lost interest. Largely because blockchain. technology isn’t that great, there are no resounding winners, and everyone jumped into crypto where ‘memecoins’ that ruined any credibility, and Tether (USDT) leading the pack. I never understood Tether an unregulated, fiat backed, centralised play because this just isn’t crypto, isnt decentralised. But then the institutions jumped in, then central banks wanted to save themselves and now government see new potential?
Sorry, and a Stablecoin is what?
A stablecoin is digital money designed to be stable in price — usually tied to the US dollar — so you can use it for saving, spending, trading, or sending value globally without worrying about wild crypto price swings.
A stablecoin is a type of cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the US Dollar, Dirham, Euro, or even commodities or basket of goods precious metals, commodities and things that has intrinsic fiat based perceived value.
Yes its true, the global stablecoin market has evolved from a niche cryptocurrency tool into a $300…
