The biggest issue with stable coins at this time is that none of the primary stable coin providers will agree to follow GAAP and have trusted 3rd party audits. As a result, it is hard not to see the whole cryptocurrency ecosystem as a house of cards on an unstable foundation.
Will Glo allow 3rd party audits by an accredited firm? If so, THAT is how you'll get people to switch over.
Will Glo allow 3rd party audits by an accredited firm? If so, THAT is how you'll get people to switch over.