peterjohn
Active member
That’s a great point! Circle expanding USDC to more blockchains is definitely a sign of how versatile stablecoins are becoming. I think we might see both trends playing out—more region-specific stablecoins and a few dominant global ones. Local stablecoins, like RLUSD on Ripple, make a lot of sense for regional ecosystems. They could cater to local needs, align with regulations, and support specific payment systems or economies.
At the same time, the global giants like USDC or USDT probably won’t lose their place because they’re already deeply integrated into trading and cross-border payments. The real question is whether these region-specific stablecoins will create competition or just serve niche purposes alongside the big players.
What do you think? Is there space for both, or will one side dominate the other? Let’s share ideas!
At the same time, the global giants like USDC or USDT probably won’t lose their place because they’re already deeply integrated into trading and cross-border payments. The real question is whether these region-specific stablecoins will create competition or just serve niche purposes alongside the big players.
What do you think? Is there space for both, or will one side dominate the other? Let’s share ideas!