Stablecoins

Forum - Deck Discussion - Stablecoins

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OPpattersonolivia 1 month ago
#1

 

If stablecoins are really that “stable” and convenient, why haven’t major betting platforms fully switched to them — could it be that their stability isn’t as bulletproof as it seems?

larikvin 1 month ago
#2

It’s true — if stablecoins offer such clear benefits, like low volatility, fast transactions, and global accessibility, why haven’t all major betting platforms adopted them fully?

The answer lies in a few key factors:

  1. Regulatory gray zones — Many countries still haven’t clearly defined how stablecoins should be treated, so large platforms are cautious to avoid compliance risks.

  2. Perceived centralization — Stablecoins like USDT and USDC are issued by private companies. This raises trust concerns for platforms and users who value transparency and decentralization.

  3. Hidden risks — As outlined in the https://betting.bc.game/betting-academy/crypto/stablecoins/ the stability of a stablecoin depends entirely on the reliability of its reserves. If those reserves are mismanaged or undercollateralized, trust can collapse overnight.

 

So while stablecoins are promising, full adoption will only come when trust, regulation, and infrastructure align.