Why Ethereum’s Vision Depends on Better Stablecoins

[madtrader]

Vitalik Buterin, one of the inventors of Ethereum, believes decentralized stablecoins are essential if crypto is truly going to free people from the traditional financial system. In a recent statement, he argued that without strong decentralized alternatives, Ethereum’s promise of empowering sovereign individuals remains incomplete.

According to Buterin, most current stablecoins fall short because they inherit risks from the systems they aim to replace. True financial independence, he says, requires stablecoins that can survive long-term economic shifts, resist manipulation, and remain secure even during extreme market conditions.

[nihalsari]

makes sense tho, “decentralized money” pegged to one country is kinda weird