Stablecoins as crypto's killer DApp - The future of finance and investment is flexible

I often ask myself a question each time I think of crypto assets and what is being built within the decentralized economy and that question is:

What will bring the first 1 billion crypto users?

At the time, the estimated number of global crypto users stood at 420 million, so I asked myself, what would change this number to 1.42 billion?

One of the things that's been on my list of speculation has been blockchain games coupled with the development of the metaverse but who ever is even truly building something worthy of being called a metaverse these days?

That's right, no one is because there are just too many pieces yet to be found let alone put together to form the biggest upgrade the internet is yet to experience. The metaverse is still a strange concept, far bigger than regular virtual reality, social media structures and gaming technologies, if anything, it's a massive step forward in achieving socialFi at a global scale.

So if it isn't the metaverse and not blockchain games unless developers stop chasing profits and start investing in good game structures because aside from making money, games are supposed to be fun and being fun alone is a factor for a sustainable game economy.

So what then can it be?

Decentralized Finance as the future of finance

When we talk about decentralized finance, we are talking about the entirety of the crypto ecosystem given that by design, blockchains are designed to give individuals control over the assets they move around the network for different investment or personal purposes.

But then again, DeFi is not an application, it's a concept, the blockchains however are DApps, each crypto asset and its protocol form a decentralized application with its unique crypto economy, thus the reason I would agree on called stablecoins dapps, given that they are ultimately a piece of one.

Stablecoins are next on my list of speculations of what might take crypto mainstream and there's quite a handful of real-world developments to back this.

Firstly, we have a system of mass CBDC developments. You know, every good product always has a long line of counterfeits ready to challenge its market share, and where am from, we usually call these "made in China" so I guess that justifies the Chinese move to build a metaverse outside the walls of crypto and blockchain technology, a total set of asses shitting around.

That said, in addition to the development of CBDCs worldwide, stablecoins have been getting quite a number of attention lately and one is from PayPal, even though I consider this a deanonymization structure, it's still a piece of exposure to the crypto and decentralized economy.

So when we begin to add up all the pieces we get a potential driver of crypto mass adoption because stablecoins for one are "stable" compared to other fungible crypto assets like bitcoin.

However, despite being stable, stablecoins still share great similarities to other crypto assets, in the sense that it is a widely flexible asset class given that it is protected by cryptographic algorithms and functions on blockchain protocols.

Some industry personalities are beginning to see what is being developed here. In recent reports:

According to Co-Head of Venture Investments at Brevean Howard Digital Peter Johnson, stablecoins like Tether (USDT) and USD Coin (USDC) are evolving into the “killer app” of cryptocurrency. In a recent video interview with Anthony Pompliano, Johnson analyzed data showing relentless growth in stablecoin adoption despite market conditions.

While volatility limits cryptocurrencies like Bitcoin for payments, Johnson argues stablecoins offer efficient, low-cost transactions that are attractive to users worldwide. This unique value proposition is driving rapid stablecoin growth.

Predictably, the world will always try to praise the centralized structures first as seen in the report above but ultimately, algorithmic and decentralized stablecoins will revolutionize not just decentralized finance but global trade and financial systems, effectively paving the way for billions in new crypto users.

Posted Using LeoFinance Alpha