What challenges do stablecoins face in achieving mainstream adoption, especially in traditional finance?

parikhan

Member
Despite their stability, stablecoins face hurdles like regulation, interoperability with traditional financial systems, and trust issues. These barriers might prevent them from fully crossing into mainstream finance unless properly addressed.
 
Stablecoins face significant challenges in achieving mainstream adoption, particularly in traditional finance, due to regulatory hurdles, trust issues, and competition with established financial systems!
 
Stablecoins face regulatory uncertainty and skepticism from traditional financial institutions, which slows adoption. Additionally, concerns over transparency, reserve backing, and potential centralization raise trust issues among mainstream users.
 
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