Stablecoin Growth Will Depend on Trust More Than Convenience
Stablecoins are becoming more useful for payments and moving money, but convenience alone will not make them dependable. People need confidence that issuers hold adequate reserves, redemptions will work when required, and the rules will not change unexpectedly. This is especially important in countries such as India, where users may already be uncertain about the regulatory treatment of crypto assets. Stablecoins will only become mainstream when holding them feels less like taking a risk.