Expert opinion

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and…

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association It is no secret that Dubai has been aggressively challenging its Asian counterparts for the crown of becoming the world’s next crypto capital. Beneath the gleaming air-conditioned skyscrapers, where supermodels are everywhere at crypto events and pilot blockchain programs, a complex grand strategy is…

Opinion by: Fred Hsu, co-founder and CEO at D3 A small business owner sits on a premium domain like organic.shop. They shop for months and are unable to find a buyer at their asking price. Meanwhile, someone across the globe just bought a fraction of a Manhattan apartment through tokenized real estate in under five…

The stablecoin-focused GENIUS Act, which was enacted in July, will trigger an exodus of deposits from traditional bank accounts into higher-yield stablecoins, according to the co-founder of Multicoin Capital. “The GENIUS Bill is the beginning of the end for banks’ ability to rip off their retail depositors with minimal interest,” Multicoin Capital’s co-founder and managing…

Opinion by: Jason Delabays, blockchain ecosystem lead at Zama Despite decentralized finance’s (DeFi) recent resurgence, most capital in traditional finance remains out of reach. Most will blame scalability, regulation or poor UX. The real blocker is far more fundamental: a lack of confidentiality. Solve that, and trillions will be unlocked. At its December 2021 peak,…

Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain competitive, according to Patrick Collison, CEO of payments company Stripe. The average interest rate for US savings accounts is 0.40%, and in the EU, the average rate…