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a16z editor argues to drop ‘stablecoins’ for ‘digital dollars’ and ‘digital euros’
May 2, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
May 1 essay by Robert Hackkett: major crypto users argue the term "stablecoin" is outdated and should be retired in favor of names that describe the technology's stage, prompting a push to reclassify tokens across crypto and DeFi. Change is aimed at clearer taxonomy to improve risk communication, regulatory clarity and DeFi integration, which could support broader adoption though near-term market price impact may be limited.
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The stablecoin nomenclature is being regarded as outdated by major users in the crypto ecosystem who believe it is time for the term to be retired entirely and swapped out with names that best describe the stage the technology is currently at. In his essay published May 1, Robert Hackkett argues that the term stablecoin...
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