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Will Stablecoins Be the Trojan Horse for Crypto’s Mass Adoption?


by CoinEdition

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Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated
  • Okung stated that he found the Trojan Horse allegations regarding Tether interesting.
  • McUnsignedInteger claimed that the real Trojan would be applications and exchanges.
  • McUnsignedInteger spoke positively about the AQUA wallet as a solution.

While the recovery process in the Bitcoin market continues, a post shared by former NFL player Russell Okung sparked debates in the cryptocurrency market. Speaking about allegations related to Tether, Okung brings up the analogy of “Trojan Horse” for stablecoins.

In a post shared on X, Okung emphasized that claims suggesting stablecoins serve as a Trojan horse for widespread adoption are intriguing. He continued, saying, ‘If we accept this premise, it’s worth considering whether Tether, as the most widely used stablecoin issuer in the cryptocurrency space, could be viewed as the most influential company in Bitcoin.’

The post Will Stablecoins Be the Trojan Horse for Crypto’s Mass Adoption? appeared first on Coin Edition.

Read the article at CoinEdition

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$ 89.20K

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In This News

Coins

$ 89.20K

-0.41%

$ 1.00019

0%

$ 0.0869

$ 0.00039


Funds

Share:

Read More

PVARA Chief: Pakistan to Roll out Stablecoin, Advance CBDC Plans

PVARA Chief: Pakistan to Roll out Stablecoin, Advance CBDC Plans

Pakistan announced plans to launch its first government-backed stablecoin as a key st...
New Western Union ‘Stable Card’ Targets Remittance Losses in Argentina and Beyond

New Western Union ‘Stable Card’ Targets Remittance Losses in Argentina and Beyond

Western Union is reportedly rolling out a “stable card” aimed at helping people in hi...

Will Stablecoins Be the Trojan Horse for Crypto’s Mass Adoption?


by CoinEdition

Share:

Is TrueUSD the Next USTC? Stablecoin Depeg Events Investigated
  • Okung stated that he found the Trojan Horse allegations regarding Tether interesting.
  • McUnsignedInteger claimed that the real Trojan would be applications and exchanges.
  • McUnsignedInteger spoke positively about the AQUA wallet as a solution.

While the recovery process in the Bitcoin market continues, a post shared by former NFL player Russell Okung sparked debates in the cryptocurrency market. Speaking about allegations related to Tether, Okung brings up the analogy of “Trojan Horse” for stablecoins.

In a post shared on X, Okung emphasized that claims suggesting stablecoins serve as a Trojan horse for widespread adoption are intriguing. He continued, saying, ‘If we accept this premise, it’s worth considering whether Tether, as the most widely used stablecoin issuer in the cryptocurrency space, could be viewed as the most influential company in Bitcoin.’

The post Will Stablecoins Be the Trojan Horse for Crypto’s Mass Adoption? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 89.20K

-0.41%

$ 1.00019

0%

$ 0.0869

$ 0.00039


Funds

Share:

In This News

Coins

$ 89.20K

-0.41%

$ 1.00019

0%

$ 0.0869

$ 0.00039


Funds

Share:

Read More

PVARA Chief: Pakistan to Roll out Stablecoin, Advance CBDC Plans

PVARA Chief: Pakistan to Roll out Stablecoin, Advance CBDC Plans

Pakistan announced plans to launch its first government-backed stablecoin as a key st...
New Western Union ‘Stable Card’ Targets Remittance Losses in Argentina and Beyond

New Western Union ‘Stable Card’ Targets Remittance Losses in Argentina and Beyond

Western Union is reportedly rolling out a “stable card” aimed at helping people in hi...