Experts in the field of digital regulation have predicted that regulated stablecoins will see widespread use by 2030, despite the ongoing competition between traditional finance and decentralized finance (DeFi). At the World of Web3 (WOW) Summit in Hong Kong, a panel of professionals discussed the future of these assets and how their growth rate contributes to their continued use. While acknowledging the growth of the crypto industry, panelist Alexandra Sasha suggested that regulated stablecoins would become even stronger in the coming years.
However, Kelvin Lester Lee, commissioner of the Securities Exchange Commission of the Philippines, remained uncertain about their thriving by 2030. Douglas Arner, a professor at the University of Hong Kong, added that the decade ahead would be marked by competition between centralized and decentralized approaches, and that regulated stablecoins would likely emerge as the most widely used monetary instrument embedded in blockchain applications by the end of the decade.
