Changpeng Zhao: More countries will realize that issuing stablecoins denominated in their own currencies can boost demand for those currencies and government bonds
Here are the arguments on both sides:
Bullish case: The event provides a narrative that will attract more attention;
Bearish case: Confidence takes a hit, and short-term investors may become more cautious;
My take: Both sides have a point. Ultimately, it comes down to which way $BNB ’s price and trading volume move.
$BNB latest: 704.28, 24h -1.35%, 24h range 703.68 ~ 717.75.