Tether co-founder Reeve Collins predicts that all currencies will be stablecoins by 2030, with even fiat currencies running on blockchain rails. He believes stablecoins will dominate money transfers in the next five years due to the benefits of tokenized assets, a shift he attributes to the US government’s positive stance on crypto. This shift has opened floodgates for traditional finance to enter the crypto sector, focusing on blockchain-based stablecoins. Collins argues that tokenized assets offer transparency and efficiency, increasing their utility and potential returns. However, he acknowledges risks in security, such as blockchain bridges, smart contracts, and crypto wallets, emphasizing the need for improvement in overall security.

Read more at Cointelegraph: Tether’s Co-Founder Predicts All Fiat to Become Stablecoins By 2030