Researchers of Californian startup Reserve believe that stabelcoins will play a key role in massive adoption of crypto technologies, reports Cointelegraph.
They have made a research called “State of Stablecoins 2019: Hype vs. Reality in the Race for Stable, Global, Digital Money” and surveyed representatives of more than 40 crypto currency companies, including the ones working with stablecoins. The author is George Samman.
As it is claimed in the foreword, Samman was ordered to explore situation with blockchain and make a repot clear for everyone. Analysis of the current market situation showed opinion of many major players of the industry, including Reserve, Arrington XRP Capital and Blocktower.
Research Results
Key stablecoin characteristics are analyzed in the research. The authors wanted to point them out because they believe that the stablecoins have good chances to become a really massive product in the market due to them. According to them, development of stablecoins – crypto currencies with stable price – will become the main factor for massive crypto market and crypto token-based services adoption.
The authors believe that the developing countries who are fighting against hyperinflation now will be the first to get interested in stablecoins. They mention Venezuela and Angola. According to the research authors, this countries will adopt stablecoins first and the others will follow them. As a result, stablecoin market will probably bring millions of profit.
The Main Players Of Stablecoin Market
The report also tells about positive role of big companies such as Facebook in massive stablecoin adoption. It was reported last year that Facebook was going to launch its own stablecoin for WhatsApp users.
The authors say that USD may become the most tokenized assets in the crypto currency area in the future.
On the other hand, the authors are wary that massive tokenization of dollar may lead to increase of total volume of fiat and contribute to inflation and further growth of instability in financial markets. According to the authors, the stabkecoins are more likely to be linked to various assets than to national currencies.
An Ideal Stablecoin Model
To conclude, the authors described their idea of an ideal stabkecoin model. They say that the stablecoin should not be influenced by market volatility. Its price should vary within the framework of some diapason. It should be stable. The traders and other market participants should have an opportunity to track it easily.
Interestingly, major crypto market players also support stablecoins considering them as a less volatile and more predictable crypto currency, able to attract institutional investors.
Thus, the Winklevoss released GUSD stablecoin — ?Gemini exchange’s digital dollar?. They believe that the stablecoins and tokenized securities will become the future of the crypto currencies. | 
