Bridgewater Associates founder Ray Dalio recently shared his perspectives on the role of Bitcoin and stablecoins within investment portfolios during an interview with Caixin. Dalio has held a small allocation to Bitcoin for years, considering it a potential diversifier alongside gold. However, he notes that Bitcoin possesses drawbacks, particularly the lack of mainstream adoption by central banks. Regarding stablecoins, Dalio argues they are not suitable for long-term wealth preservation due to their limited interest-bearing benefits compared to traditional fiat assets. Despite these limitations, stablecoins offer global transaction flexibility and convenience as a settlement system, appealing to users who prioritize ease of use over yield generation.