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This is a question that industry experts have been asking more and more since the presentation of Streamable Money a few months ago. A new concept of electronic money, programmable, streamable, safely deposited on your bank account or credit card as well as on your decentralized wallet. Equally spendable on-chain.
We at Cryptonomist also wondered whether Streamable Money will really put StableCoins in the dust, analysing various aspects, beginning with the basic concepts of why the world of stable coins exists.
Why StableCoins exist?
The Stablecoin concept first began to take off around 2014, with the introduction of Tether (USDT), one of the first widely accepted Stablecoins.
The founders of Tether were trying to solve a problem they had with a platform associated with them: Bitfinex.
Bitfinex and many other crypto exchanges needed to have a stable currency with the following characteristics:
Be On-Chain, to be available for use on users’ wallets, mimick
We współpracy z: https://en.cryptonomist.ch/2024/10/02/does-streamable-money-really-represent-end-stablecoins/
