a16z crypto: Why ‘stablecoins’ won’t age well According to a16z crypto, the term ‘stablecoin’ may eventually become outdated.
a16z crypto: Why ‘stablecoins’ won’t age well According to a16z crypto, the term ‘stablecoin’ may eventually become outdated. The article argues that stablecoins were first created to reduce the impact of crypto volatility, but stability has now become a baseline feature rather than the main selling point.
Stablecoins are increasingly becoming financial infrastructure for instant cross-border transfers, real-time settlement, direct ownership, and embedded payments. The author says the bigger shift is that stablecoins allow money to “run like software,” and the term may eventually give way to labels such as “digital dollars,” “digital euros,” or onchain assets. — link