Why Stablecoins Matter to Ethereum’s Future
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Beyond core protocol design, Buterin also highlighted the importance of better decentralized stablecoins on Ethereum. He argued that relying heavily on dollar-backed stablecoins limits Ethereum’s ability to offer true independence from traditional financial systems.
Instead, he proposed stablecoins backed by diversified baskets of assets and currencies. Such designs, he said, would reduce reliance on any single nation’s monetary policy and strengthen Ethereum’s role as a neutral, global financial platform built to last.