🚀 2024: A Pivotal Year for #Bitcoin & Stablecoins 🌐

🔹 CoinShares analysts predict a surge in Bitcoin-based stablecoins by 2024

🔹 This could enhance BTC's monetary properties & accelerate global adoption

Why the need? 🤔

🔸 Most stablecoins are on centralized/unstable blockchains

🔸 Bitcoin offers stability, security & strong assurances

Challenges ahead: ⚠️

🔸 Technically difficult to launch stablecoins on Bitcoin's blockchain

🔸 BTC wasn't designed to support external assets natively

But, there's hope! 🌟

🔸 Viable development projects expected to emerge

🔸 Stablecoins could introduce Bitcoin to a broader audience

What are your thoughts on Bitcoin-based stablecoins? 💭 Let's discuss! 👇