Stablecoins bring crypto to the mainstream. What could go wrong?
A regulatory framework is essential for safety and growth in the market, said research scientist Christian Catalini. "All those things are missing from the picture," said Catalini, who once worked with Facebook to develop a stablecoin-like token. "Stablecoins are a bit like the first cars running on the bumpy roads that were meant for horses," he said. "You're not seeing their full potential."