Computer Science > Industry > Dr. Murat Kantarcioglu Discusses Whether Stablecoins are the Future of the Crypto Space

Dr. Murat Kantarcioglu Discusses Whether Stablecoins are the Future of the Crypto Space

Via E-Crypto News — The stable coins vs. other tokens battle has been raging on for the better part of five years now. This has left many wondering if for some reason stable coins are the future of the crypto space. E-Crypto News reached out to experts in the field and here is what UT Dallas professor of computer science and cybersecurity expert Dr. Murat Kantarcioglu had to say.

“I am personally skeptical about Stablecoins and their stability. Especially, in a developed world where you can get safe and easy access to fiat currency and other commodities, I find it less useful. At the same time, it could be a way to access US dollars and other fiat currencies in other parts of the world where such access is restricted and/or heavily regulated. International money transfer using these stable coins may get more adoption but I do not think it is the future of cryptocurrency space”.

Source | E-Crypto News


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