encryption_Prophet
Cryptocurrency entered the scene with an ambitious mission: reimagine and democratize finance, breaking free from traditional institutional gatekeeping. But here's the catch—stablecoins might be steering us in the opposite direction. According to economist Eswar Prasad, writing in F&D magazine, these seemingly neutral instruments could end up concentrating financial power in the hands of major corporations, undermining crypto's core promise. It's a sobering reality check worth contemplating. As stablecoins become more prevalent in crypto trading and settlement, the irony deepens: the very tool