Stablecoins have been seeing increasing utility for some time, with their digital and borderless nature allowing them to reach areas where CBDCs were once thought to be needed.

Projects are Welcome

     While talking about CBDC, people understand that it is not what they should be using on blockchain. So Stablecoin are much better. Demand for stablecoins is growing in both crypto and non-crypto markets, making them a lucrative proposition for venture capitalists, with:

• Investments in new stablecoin infrastructure projects increasing, such as NGC Ventures investing in USDX and Perena.
• Payment processor companies are expanding into the space, such as Stripe acquiring stablecoin payment platform “Bridge”.

Not a Surprise

     Don't be suspicious. Tether is minting billions and billions only because of demand and supply, so it is obvious that other projects will come up.

Originally published at Grill, and on Wubits as thread