MakerDAO Lianchuang: Decentralized stablecoins are expected to dominate the crypto market

Odaily Planet Daily News MakerDAO co-founder Rune Christensen said at the Token2049 conference in Singapore that decentralized stablecoins may eventually dominate the market as long as cryptocurrencies "finally realize their potential." Christensen discussed a presentation by Castle Island Ventures partner Nic Carter, in which he said interest-bearing stablecoins could capture 30% of the market within two years. Christensen agreed, but said it could depend on the macro situation, adding: “If high inflation and high interest rates continue, the dominance of stablecoins could go beyond that.” When asked whether decentralized stablecoins could compete with centralized stablecoins, he responded: “With a no-brainer, I mean, I think if the space finally realizes its potential, decentralized stablecoins will Take over the entire market, just like centralized stablecoins will become the edge connecting us to traditional systems.” (Cointelegraph)