The Race to Dominate Stablecoins
Harvard Business Review
AUGUST 6, 2024
Stablecoins — cryptocurrencies pegged to an external currency — have the potential to rewire the global financial system, and expose banking and finance to new digital competition. Now, there is intensifying competition among stablecoin issuers, prominent digital wallet providers, and traditional banks, each racing to establish their platform as the dominant one.
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