Reeve Collins, co-founder of Tether, forecasted that all currencies will transition to stablecoins by 2030 during his speech at Token2049 in Singapore. Collins is advancing this vision through 'Stablecoin 2.0' with his governance token, STBL. This innovation allows users to deposit tokenized real-world assets as collateral to mint stablecoins, offering direct yield earnings. STBL uniquely divides real-world assets into a yield-bearing NFT and a stablecoin, aligning with regulatory frameworks such as the EU’s MiCA and the US GENIUS Act.
Collins also emphasized the transformative potential of artificial intelligence in enhancing transaction efficiency. However, he cautioned against over-reliance on automated systems, underscoring the importance of maintaining trust and security in these technologies.
Tether Co-Founder Reeve Collins Predicts Stablecoin Dominance by 2030
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