MakerDAO Lianchuang: Decentralized stablecoins are expected to dominate the crypto market
2023-09-15 06:37:09
Odaily News MakerDAO co-founder Rune Christensen said at the Token2049 conference in Singapore that decentralized stablecoins may eventually dominate the market as long as cryptocurrencies finally realize their potential. Christensen discussed a presentation by Castle Island Ventures partner Nic Carter, in which he said interest-bearing stablecoins could capture 30% of the market within two years. Christensen agreed, but said it may depend on the macro situation, adding: “If high inflation and high interest rates continue, then the dominance of stablecoins may not stop there.” When asked about decentralization When asked whether decentralized stablecoins could compete with centralized stablecoins, he responded: “No-brainer, I mean, I think if this space finally realizes its potential, then decentralized stablecoins will take over the entire market, like Centralized stablecoins will become the same edge that connects us to traditional systems.” (Cointelegraph)
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