Banks are Outdated: Pantera Capital’s CEO Calls for Stablecoins in Token2049

Pantera Capital CEO Dan Morehead is stirring up the crypto world at Token2049 Dubai, arguing that traditional banks are becoming relics of the past. In his address, he declared, “Banks are like landlines – we don’t need them.” He emphasizes how stablecoins will ultimately revolutionize financial systems by providing accessible and efficient alternatives to depository functions traditionally provided by banks.