a16z: Looking at the Future of Stablecoins from the History of American Banking
The article will first introduce the development of stablecoins in recent years, and then compare it with the historical development of the banking industry, in order to make an effective comparison between stablecoins and the banking sector. In this process, the article will explore three recently emerged forms of stablecoins: fiat-backed stablecoins, asset-backed stablecoins, and strategically supported synthetic dollars, to look ahead to the future.