The war of stablecoins #数字货币市场回升 has only just begun.
Have you ever thought about the possibility that in the future every bank counter and every tech company's app could directly generate a "digital dollar" or "digital euro"? This is not science fiction – traditional financial institutions have already quietly started to lay the groundwork for deposit tokens, while blockchain networks are soaking up the dormant funds within the banking system like a sponge.
What’s even crazier is the number of issuers. Right now, we can still count the players in the stablecoin space, but at this rate, there could be 100,000 issuers in five years. Just think about how fierce the competition for deposits will be by then? It’s exciting to think about.
The payment scenario will also be completely restructured. In the future, when you pay with $BTC , what the other party receives may be $ETH, with the conversion happening seamlessly in between—just like how no one cares which clearing network is being used when swiping a bank card now. Once this "grid-like" payment system is operational, the traditional financial moat will basically collapse.
$BNB How will these old assets line up? Worth keeping an eye on.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
9
Repost
Share
Comment
0/400
Rugpull幸存者
· 1h ago
100,000 issuers? Wouldn't that turn into a printing press competition? I'm laughing to death.
View OriginalReply0
SchrodingerAirdrop
· 9h ago
100,000 issuers? At that time, stablecoins would really be unstable, huh.
View OriginalReply0
GateUser-1a2ed0b9
· 20h ago
100,000 issuers? It's like the stablecoin can't even move anymore.
View OriginalReply0
BrokeBeans
· 11-29 10:40
100,000 issuers? This must be so chaotic, it feels like it will become a new alts paradise.
View OriginalReply0
RugPullAlertBot
· 11-29 10:37
100,000 issuers? Laughing to death, what a mess it would be at that time, wouldn't it just be a Rug Pull all over the place.
View OriginalReply0
CafeMinor
· 11-29 10:36
100,000 issuers? That sounds like a lot, by then stablecoins might outnumber alts.
View OriginalReply0
LiquidityNinja
· 11-29 10:33
Are there 100,000 issuers of stablecoins? At that time, even the exchanges would collapse, and the liquidity would be fragmented... But speaking of which, if we really reach the point of grid payment, TradFi indeed needs to be reshuffled.
View OriginalReply0
CommunityJanitor
· 11-29 10:21
100,000 issuers? Oh my, just imagining it gives me a headache. By then, stablecoins will be as common as cabbage.
View OriginalReply0
AirdropHunterWang
· 11-29 10:11
100,000 issuers? Wow, who can handle this, banks are going to kill themselves, haha
The war of stablecoins #数字货币市场回升 has only just begun.
Have you ever thought about the possibility that in the future every bank counter and every tech company's app could directly generate a "digital dollar" or "digital euro"? This is not science fiction – traditional financial institutions have already quietly started to lay the groundwork for deposit tokens, while blockchain networks are soaking up the dormant funds within the banking system like a sponge.
What’s even crazier is the number of issuers. Right now, we can still count the players in the stablecoin space, but at this rate, there could be 100,000 issuers in five years. Just think about how fierce the competition for deposits will be by then? It’s exciting to think about.
The payment scenario will also be completely restructured. In the future, when you pay with $BTC , what the other party receives may be $ETH, with the conversion happening seamlessly in between—just like how no one cares which clearing network is being used when swiping a bank card now. Once this "grid-like" payment system is operational, the traditional financial moat will basically collapse.
$BNB How will these old assets line up? Worth keeping an eye on.