My sense is that's true of stablecoins as well. The regulatory barrier for trading in dollars is higher, so they invented "stablecoins" which falls into a new regulatory category (and at first had no regulations at all.) Secondly, it's just an interoperability layer for all the different networks and chains.
Many markets and products are driven simply by:
My sense is that's true of stablecoins as well. The regulatory barrier for trading in dollars is higher, so they invented "stablecoins" which falls into a new regulatory category (and at first had no regulations at all.) Secondly, it's just an interoperability layer for all the different networks and chains.