Are Stablecoins Reshaping the Future of Digital Finance?

Stablecoins have transcended their role as mere trading tools, evolving into key players in global finance, impacting everything from remittances and DeFi protocols to international payments. Their stability and convenience have fueled rapid adoption, blurring the lines between traditional finance and decentralized systems. While they offer a fast and efficient way to move digital funds, questions arise about who controls them: are stablecoins becoming ‘central business’ digital currencies? The answer has significant implications for users, banks, and DeFi ecosystems.