The Importance of Trusted Stablecoins in Monetary Systems
Stablecoins have been growing rapidly and are being used more and more as a payment medium and monetary instrument in various financial services. Stablecoins now have the attention of regulators around the globe and have led to a deeper regulatory engagement. As the regulatory landscape evolves, there are no questions about the importance of transparency, solvency, and trust. The market needs a globally accepted and trusted digital fiat currency backed by secure blockchain technology.
…and most importantly backed with central bank money, which is in the EURO-system just cash.