Oct 31, 9:07 pm
Stablecoins to Outperform Bitcoin, Ethereum Thanks to Peer-to-peer Transfers and Protect Against Unstable Currencies
According to Pantera Capital executive Jeff Lewis, stablecoins have the potential to succeed where Bitcoin and Ethereum have fallen short. Lewis argues that Bitcoin’s lack of speed and scalability, as well as Ethereum’s volatility, make them unsuitable as stable currencies. Stablecoins, on the other hand, enable peer-to-peer transfers of value and provide protection against unstable currencies and untrustworthy service providers.