Seeing the USD as a unit of measurement is a new concept to me. It makes sense from a global perspective as most things are already measured using the USD. This mammoth task in front of stablecoins, will there be multiple winners or only one winner?
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There is a lot that takes place globally that is measured in USD yet there is no currency involved (at least US Dollars). Hence we have a situation with money transformation.
I believe we will have mutiple stablecoins, there will not be just one. We are dealing with networks and some are going to have their own.
My guess is we end up with around 5 as the primary fuel for global trade and then a number of others that have niche use cases.
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I think possible 5 winners will be stablecoins that are really good at the basic level in terms of infrastructure and performance.