Can Stablecoins Pave the Way for Crypto to Surpass Fiat Currencies?

[GIFZE]

It’s hard to see stablecoins truly challenging traditional currencies on a global scale. Regulatory scrutiny is increasing, and governments are unlikely to relinquish control over monetary systems. Instead of becoming a decentralized solution, stablecoins might end up heavily regulated or even co-opted by central banks, losing the very decentralization they promise. What’s left for them then?

Stablecoins face a tough road ahead—rising regulations and central bank pushback threaten to strip away their decentralization, possibly turning them into just another tool of the system they aimed to disrupt.