Decentralized stablecoins could dominate crypto: MakerDAO founder

Decentralized stablecoins may eventually control the stablecoin market, so long as crypto “ends up living up to its possible,” states Rune Christensen, the co-founder of DeFi pioneer MakerDAO.Speaking to Cointelegraphs Andrew Fenton at Token 2049 in Singapore, Christensen aired his thoughts on the future of decentralized stablecoins such as Dai (DAI) and their function in the broader crypto economy.They went over a discussion by Castle Island Ventures partner Nic Carter at the TOKEN2049 conference in Singapore in which he stated that interest-bearing stablecoins might become 30% of the market within 2 years.Christensen agreed but stated it would most likely depend on the macro circumstance, adding “if high inflation high rates continue, then probably,” stablecoin supremacy will increase. Source: CointelegraphWhen asked whether a decentralized stablecoin might contend with its centralized cousins, he responded:” Easily I mean, I believe if the area ends up living up to its prospective, then decentralized stablecoins will be the entire market like central stablecoins would be the edges that link us to like the tradition system. The real capacity is in decentralized stablecoins, he suggested:” I think the genuine killer advantage of decentralized stablecoins, run by actual information like Maker, is this capability to gamify your savings.

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