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So, one thing that's been on my mind is the native tokens of exchanges. You know, those little guys that make the crypto world go 'round within specific exchange platforms.

Basically BNB holds 1st place as the top most native token, and the growth of that coin is really high over time. And it is really also volatile at this point. so I started looking more around native tokens.
And, so MAX token, I recently got introduced to it via its listing on Bitget exchange, so I understand some of you may not familiar with MAX. It is the utility token issued by MaiCoin Asset Exchange based in Taipei, Taiwan and it is a part of MaiCoin Group. Charlie Lee and Vitalik are also advisors of this group and so if you remember, Vitalik was giving an update about ETH 2.0 at Maicoin STO conference in Taipei a long time ago and also did a podcast with Maicoin, discussing Ethereum's transition to Proof of Stake, regulatory challenges, economic disparities in cryptocurrency, innovative solutions from Radical Markets like quadratic funding etc. This native token may not be recognized as top as BNB but still a great native token to have around in my opinion.

What are your thoughts on this? Are you holding any native tokens that may boom?

Holding it for investment purposes will surely give you an advantage since some exchange offers some benefits to all token holders related to exchange features. You can assure too that the token will receive price boost since the exchange will surely have profit from trading fees and its a necessity on crypto market.

Investing on well known exchange such as Binance is a good thing to consider. Just make you are always updated and vigilant to all the news related news including FUD to the company since there’s a chance that a big exchange can collapse once regulators hit them hard just like what happened to FTX. But in general, Investing on popular exchange token is one of a good investment long term since they often have a feature of buy back using the exchange profit and discount from trading fees.

Yes.

I think that it will boom despite that it has already boomed and why? Because it's still at the top list of the market and that's why I am moving forward that it will bring forth profits to me once the market is booming again.

As long as the exchange of it is doing well, I'll hold it. So far that despite the controversies that it had been in, I'm still holding it since I have no choice.

I didnt hear about this one can you share some reference link so we can see the linkage of Vitalik from this project. Surely will heard of it if Vitalik somehow make some noise about it or some CT but unfortunately I didnt see any news on social or so to say didnt find the hype around max tokens.

Is this already launch? Or just a plan with some details being cooked on?

it seems that, he got it from reddit -
https://www.reddit.com/r/CryptoMoonShots/comments/16lp54g/max_the_exchange_its_native_token/

don't know if the OP is the author or just get some info from here. but can't find any reliable crypto news site talking about the connection of Vitalik with this MAX token.
so yeah, better do your due diligence before jumping on this token. we don't know exactly what is true on this.

I don't have any thoughts about Maicoin or the Max token, for me, Maicoin is a new exchange based in Taiwan that doesn't have too many pairs so the trading volume there isn't much. Despite the fact that Vitalik and Charlie Lee are listed as advisors there, for now I will not pay attention to Max tokens.


Nothing, the last time I held a native exchange token was $BNB and that was quite a long time ago.



As you can see in the image above, Charlie Lee and Vitalik Buterin were actually advisors there, but I can't confirm whether this is true or not. Apart from that, videos about Charlie Lee and Vitalik Buterin is also on the Maicoin YouTube channel (https://www.youtube.com/@MaiCoinGroup/videos), videos that was published about 4 years ago.


The exchange native token and also the exchange have been launched, you can see them here (https://coinmarketcap.com/currencies/max-exchange-token/) and here (https://max.maicoin.com/).

Do you want confirmation if the token you've just purchased has a good potential in the market or do you just want to ask about the status of an exchanged-based token, this platform is to us and they will need massive marketing if they want to get into the mind of traders the volume needs a lot of improvement not the kind of exchanged that you will go if you want to trade your coin, Taiwanese are good businessmen and developers but their reach is very limited, I'm sure many have not heard of this token or exchange only now.

But since you invested in this and have done research it's up to you to decide if you want to hold or dump this token but for me, it's not worth it.

I am neutral on the native coins of exchanges, I believe they are better than those coins that do not have real use cases.  They are even better to those altcoins that has no fundings.  The success of the native coins of exchanges is dependent on the performance of the exchange since they are the ones supporting the growth of the coins.  So I am not bearish or bullish about these kinda of coins. But it is not bad to at least some of the native coins of popular exchanges like Binance, Kucoin, and Huobi since they have the capability to "pump" their native coins.

I agree with this. I am mostly neutral when it comes to CEX tokens with the exception of Bitget's BGB and Binance's BNB tokens. Bitget has been thriving these past few months so that's obviously been a good buy. BNB has one of the biggest names in crypto as its founder and since I bought low, I have some confidence it that too. Overall though, its best to be careful with them CEX tokens.

As for MAX, I did hear a lot abt it and it's listing in Bitget. I'll say it's worth giving a look for the short term cos of the solid team behind it.

For me YES. And what we are waiting for them are bull run, there's no way for me these native coins/tokens of exchange will go boom in just normal days of the market.
Another thing I am concerned about lately is the issue about SEC and Binance, because this will affect all the coins/tokens of exchanges not only Binance, Binance is the biggest number 1 right now in terms of exchange token.

Native exchange tokens are good options for short-term investment. Buy BNB when it's down and sell it at a higher price during the alt season. They are better than other shit tokens. However, long-term investments in exchange tokens are not reliable because it is difficult to predict how long an exchange will work/survive, and you could potentially lose your money. Also, store your holdings in BTC (in offline/cold wallets) or offline investments after making a profit from these tokens. 

It is really a personalized thing, based on who you are and what you like I think having this type of investment may work for a lot of people. I am sure that some people do not enjoy or like it neither, but I feel like it's definitely a good one if you are into it. I know that it will take some time to get there, but I am sure that it's not going to be that much of a big deal at all.

Hopefully, it can get to a point where we can actually enjoy it, and that should be more than enough, and I bet that people will like it one way or another, but that doesn't mean that it will get to a good point, we need to end up having some sort of situation where it will help plenty of people and that type of return should be very good.

Seeing the kind calibre of advisors Maicoin has, and the fact that it got listed on several other exchanges https://twitter.com/bitgetglobal/status/1702277508945879293?t=lQlgqymvZwm2J8iSQFgCTg&s=19
 "I saw the list on the link you sent" I think it might amount to something worth holding tho.

Centralized exchange coins are linked to those exchanges. Most of them only offer discounts on trading fees, participation in IEO, staking rewards, etc. All of this activity evolves around those exchanges, which makes them highly centralized. These coins should not be in a long-term portfolio with no use cases outside of their own platform.

While there's an edge and advantage to having some known advisors on board for such projects. But that doesn't guarantee the project's success just because they've been part of their respective projects that they've been part of. In this market, I have seen how these projects are also sticking into the known names for their personal interest and sake. This is like giving one another a boost but of course, this is with monetary exchange and fees for them to be part of a new project just as what you've mentioned OP. It could have been better for the new projects that have a lot of budget for their marketing to give that allocation to their advisors because it's part of it. Yes, these partnerships and having known names to be their advisors has something in return for them and that's the trust that these people in their own communities will also bring to the addition and contribution as a start.

Normally if theres a related coin or token to Vitalik its gonna be seen right away especially on Twitter since mostly I followed important CT and first hand info influencers regarding some news but Id really not hear about this max tokens.

Oh thanks for the links and sources will take a look now. OP should have done or look for these info like you did. Anyway will be back upon checking it.

Of course, most of us hold some of those coins because it has already established some concrete liquidation in the crypto market and there also are some more upcoming updates and developments which make the coins alive and also have some value all the time. Unlike any other coins that have no usage or their developments still don't allow them to further increase their prices due to the lack of liquidations and usages. You can also guarantee your profit once the bull runs will come because they are not those coins that have no updates whatsoever so they remain like that forever if their developers don't do anything about it.

I still trust on BNB, they have reached quite high recently but still a good price as a $500+ is sure when the bull arrives.
Kucoin is another popular exchange among english speaking users and KCS also holds good price proposition. A recent accusation of Kucoin not holding every staked amount of users hurt the exchange reputation but the exchange is still going strong and would be a good business when the bull arrives.
I also in some period of time bought FTT token as FTX was said to be overtaking binance on volume of transaction amount soon but that led to a disaster, so exchange coins are not a full proof investment without risk.

You're an uneducated trader/investor, there are many things you have to research first and more important than just seeing Vitalik Buterin and Charlie Lee as advisors at Maicoin. Even Vitalik Buterin and Charlie Lee have never shilled on their social media accounts about Maicoin lately which proves that they're real advisors for Maicoin (this needs to be found out first).


About getting listed on various exchanges? Which top-tier exchanges have listed their tokens? the answer is no, it's just mid-tier CEXs.

I am holding CRO, the token of Cronos - Crypto.com. Originally an ERC20 token but now in Cronos Blockchain. But the same as other native coins out there, the value seems to be difficult to increase unlike before. While it's given that it is because of the total supply, it is also because investors are not expecting too much out of them anymore. BNB was and is still the most successful one of all when it comes to native coins and repeating that will be hard because of the diversity in the number of investments in the market.
Some investors would just say "I'd rather buy BNB than risk it with a new one." and it's because of reputation. They built this from the roots and it's now stronger, if something would like to mimic that, it will be a long battle in marketing.

Uhh someone else sent the links tho. But I'll like to know what your opinion about exchange tokens are tho. I've got a couple of them already, so far, BGB is one of my most preferred ones, I've got a few MAX too.

Okay, while I appreciate the shades lol here's the link from the project's website showing clearly those behind it. https://group.maicoin.com/about

Secondly, I think these exchanges are good ones and having listed MAX might be a good thing judging by the reviews I've seen about them. https://tokeninsight.com/en/exchanges

Today, I've examined Max Coin, and I've noticed that its trading volume is quite low. Additionally, there's a limited number of individuals including this coin in their watchlist. This suggests to me that there might be a lack of a robust community supporting it. However, if it turns out to be true that Vitalik and Charlie Lee are serving as advisors for this project, it could be considered a positive development for Max Coin. Considering the current state of the coin, it doesn't appear to be a particularly strong candidate for investment. Nevertheless, if the news about the advisors proves accurate, it might be worth taking a calculated risk. Back in 2019, I also held various exchange coins, but unfortunately, none of them yielded favorable results.

Exchange token depends upon how this exchange behave and the how much fund use in this exchange. Binance is NO. 1 exchange and that's why bnb is also best coin so far amongst the native exchange coins. The reason behind the bnb price volatility is many cases on Binance US and also security sue on bnb coin. SEC doesn't want Binance or any crypto platform to perform freely . SEC want full control over CEX and first their target is Binance and Coinbase.

CEX coins are best choice and there is chance of increase in price such as bnb performed in 2020-22. I made profit from ftx coins before the collapse. I am not holding any exchange tokens but i think Kucoin Bybit and Bitget are most used exchanges and for short term their native tokens are worthy to invest in it. besides price increase there are so much other profits too like participation in the token sale.

The problem with those kind of things is the fact that if you really convinced people like that to be advisors, then how come you didn't get any promotions from them? I mean if Vitalik tweeted a few times about it, it would have a lot more bigger community, same with Charlie Lee as well. Either they are lying about having them on board, or they are just not utilizing them correctly at all. No project with them on the board should be as little as this and that doesn't make any sense at all.

I believe that we are going to end up with an issue and should be doing something much better on the long term, the results will be profitable if they do utilize them, but if not then why would you take a chance on them finally figuring it out.

Totally depends on the demand and recognition because not all coins that had been mentioned or been included into the talks into those known people like Vitalik or Charlee would really be making out some guarantees that it would really be that making some pump soon but if you do see that it is really that likely to happen then it would really be always your choice whether you would really be making out such investment decision or not. It would really be entirely be depending on you because not all coins been mentioned would pump out along the list. Somewhat when it comes to Exchange tokens then their value would be always be reflecting out on their main website or companies reputation on which just like in the case of Binance where BNB coin is really that top in exchange tokens kind of ranking but in the other side of things when it comes to utility too then it does really have that relevant characteristics which we could really be able to tell that even if Binances company reputation but still this coin would really be able to surfaced out its price or would be included on top ranking list.
We know that demand would be always the main factor because finding yourself these type of coins and dealing with this investment would really be raising up those tons of questions.

I agree. Seeing BNB's trajectory from 2020-22 really underscores the potential of CEX tokens. As for me, my portfolio currently includes BNB and BGB. And ofc, I'm optimistic about their prospects, especially with the added perks these tokens can bring.

Why are you providing a link to see the people behind Maicoin, I already know, you can see the source in my reply here (https://bitcointalk.org/index.php?topic=5467220.msg62866638#msg62866638). I just question the legitimacy of them actually being there, you know that there will be entities that use famous people to support what they're doing (case study on meme tokens).


Do you mean the review of Max Exchange on tokeninsight?


Can you understand the Tokeninsight assessment in the image above? don't lead people to become lost either.

Personally, I'm not a fan of exchange-based tokens and/or cryptocurrencies. Not only that they're heavily-centralized, but their market prices are often manipulated by exchanges themselves. You can see why BNB is still among the top ranks in market cap, despite the SEC cracking down on Binance. The exchange might be manipulating the price to keep its token afloat. If you're into exchange-based coins/tokens for short-term profits, I'd say go for it. Otherwise, I'd suggest you look elsewhere.

It's best to consider other alternatives that put decentralization on top of everything else. Coins like Bitcoin and Litecoin are meant to last a lifetime due to the way they were designed. I cannot say the same about exchange-based coins/tokens. Who knows if these digital assets cease to exist in the future due to fierce government regulations? Just my thoughts ;D

I like this part already. I thought you will be talking good about native coins and tokens out there as you started with BNB which is the most popular exchange right now.

And then I saw this huge wall of words that consists of an unknown project that's been launched not so long time ago, and you're trying to advertise it here. After all, you're just like one of those newbies out there who are asking questions in the subject title, will have an introduction, and then will pitch the project that they're advertising. How much did they paid you in posting this thread? Well, did a little research at the project, and it seems like the token has some kind of 24 hr volume of $30,000. Not that huge, but its better than nothing at all. Overall, will not touch the project.

I'm only CRO right now, and planning to buy BNB. I prefer safety over profit. Investing in low market cap tokens whether it be exchange or whatever type it is, I'd rather go buy those established ones.

BNB is quite promising for the long term because we know Binance is the largest and most popular CEX currently. The BNB token is also the main token for Launchpad on Binance.
Even though the current price has dropped drastically and this is also a result of the Bitcoin price continuing to fall, it is still worth buying and holding.
I hold the top 3 Coins currently BTC, ETH and BNB. That alone is enough for me and will provide more profits when buying gradually and starting to hold until the highest price can be reached.

If you look at the various types of native exchange tokens or coins, BNB is indeed in the most promising first position. For the reasons you mentioned earlier, this makes perfect sense. The exchange's reputation will greatly influence their native token or coin. The better and trusted the exchange is, the more trusted the coin will be. What's more, if the token or coin has increasingly good development, both in market cap and utility. So that holders can be more confident in holding these coins. but once again, not all exchange tokens will be that valuable, so we really have to be careful in choosing exchange tokens or coins so that we don't regret putting our money into shit coins.

Waiting for the altcoin season seems long and can be considered already as a long-term hold but why not? BNB and Binance are not new. I think their reputation are already enough to convince us of doing it. Not all exchange tokens are great and maybe some shitcoins are better than them because they can pump high.

Yes, we cannot predict the future of an exchange but we can monitor their performances so that we will have an idea if their tokens are still safe to HODL or not anymore. Non-exchange tokens do also has their own risk, so we should not be afraid and we should only invest the amount that we can afford to lose so that we won't worry or regret once we truly lose.

A native token of an exchange totally depends on how strong that exchange is. Every native token seems popular on their exchange, and the exchange team always tries to push it. BNB is one of the most popular and strongest native coins; it is not just a native token but also a native chain, which is called Binance Smart Chain. Though lately it has been dumped due to an SEC issue, I believe it would recover at any time. However, before investing in any exchange native token, ensure that the potential of this exchange.

BNB will recover quickly and it is only a matter of time. The most popular exchanges will find it easy to promote their coins. BNB is one of the coins that also has many uses on the exchange. the potential for the long term is also good like other top altcoins. I still have some BNB in ​​my binance account and it can be used for anything on the exchange itself. the potential for a good exchange and being the largest will provide a good future for the token.

Despite the launch of many projects on the launchpad of Binance and the great use cases of BNB, which could have taken its price to high levels, the price was not significantly affected after the pressures of the SEC [Which is still ongoing] and after the exploitation that happened to the BSC, which was carried out by hackers who stole approximately 2 million from BNB coins. The currency’s recovery depends on the survival and steadfastness of the exchange platform and the strength of its team in overcoming the regulatory and legal issues they facing and their ability to maintain the security of the exchange platform and the network from hacks and thefts and remove the FOMO that is being raised around it because if these matters are not addressed and confronted by the exchange platform team, they will take the price of the native coin of the exchange to at low levels. Frankly, I never prefer investing the native coins of the exchange for exchanges because they are affected by everything the platform/network is exposed to.

everyone should know that these exchange coin are fundamentally different compared with token or coin in general, it heavily depends on the performance of the exchange itself.
since quite literally the value that it has derived from the value of exchange itself by general public so if reputation tarnished its more likely gonna affect the exchange coin as well.
therefore any exchange coin investors out there should put more attention towards these detail otherwise they gonna get massive loss like what ocurred to the ftx exchange in which honestly
can be anticipated if you are attentive enough towards the news circulating around ftx and make the dumping decision early.

BNB has a huge advantage over other exchange-based coins/tokens. After all, Binance is the world's largest crypto exchange. What I don't like is how centralized it is. Would you imagine Binance going out of business sometime in the future? That would "tear" BNB apart. The coin is too tied to Binance anyways. If they seriously want to make BNB decentralized, they should change its name and allow more validators to join the network. But this is very unlikely to happen, especially when Binance doesn't want to lose a "piece of the pie".

At least, we have plenty of options to choose from. We may have to wait until the "regulatory uncertainty" clears, to determine the future of exchange-based tokens. It wouldn't hurt to have a "stake" on them before the crypto market turns bullish again. Who knows how lucky you'll be by the time this happens? Just my thoughts ;D

Pressure from the SEC and several exploits that occurred on the BSC network did have a significant impact but did not last long, the BNB price strengthened again and was quite stable. FOMO will only occur if there are several events or when BNB is being talked about a lot.
But holding BNB long term is also quite worth it rather than having to hold other altcoins that are still unclear. But I still stick with BTC, ETH and BNB for the main coins that have good project development going forward.

It is quite worthwhile if Binance does not succumb to the pressure of the SEC or if the SEC wins its case against Binance.  There is once a coin that is promising, even Floyd Mayweather Jr. advertises it, at the end the SEC filed a fraud case on the team due to their claim about the Visa partnership.  This coin become worthless after the leader of this project are arrested and jailed.  What I wanted to say is, if Binance failed to justify itself in the court, all this hope of seeing BNB surge will be in vain.  It is better to have a reserve attitude towards any coins that the SEC targeted to at least minimize the losses in case SEC won the case.

BNB should be special case where quite literally its got its own binance smart chain thats quite effective getting utilised by many people even though its infested with many scam projects its still regardless pump the demand for BNB at times.
meanwhile the other exchange token usually exists with no reason, maybe added with little utility and thats it, really useless from the perspective from an investors but useful for those that utilise heavily the exchange itself.
so I guess it really depends on the coin utility too, not entirely depends on exchange but thats just my 2 cents.

Kucoin also have their own token which is KCS and they also have their own chain named KCC (Kucoin Community Chain) and the fees is lower than BSC, so BNB is nothing special anymore. Actually this is not an utility, someone can create their own token and chain, the fees will be very cheap because low volume and centralized are always cheaper than high volume and decentralized.

The drawback of centralization is they can scam whenever they want.

There's manipulation happening behind the scenes. You'd think the SEC's actions would take BNB all the way down the drain? Being an exchange-based cryptocurrency, gives it an advantage among others. It's no secret Binance is the largest crypto exchange in the world. The company has a lot of resources to keep BNB afloat for a very long time.

I guess holding exchange-based coins/tokens does come with its benefits (except that they're highly-centralized by design). With projects being built on top of the BSC chain, it should only be a matter of time before BNB goes all the way to the moon. Who knows for how long will exchange-based coins/tokens last? Just my opinion :)

All major exchanges have their own tokens or coins. Such as Binance's BNB, Kucoin's KCS, MX for MEXC. I often trade BNB, KCS. I trust these exchange tokens more than other tokens in the market. If you hold these tokens now, the possibility of getting high returns from them during the next bull market is very high.

BUSD happened like that, it is going away, why do you think that paxos has stopped issuing it and why do you think that it will be fully gone? It's all because we are talking about something that is going to be dangerous for the American government, the yare threatened by someone else to print dollars basically and that is what USDT or BUSD is all about, printing fake dollars.

They are going to come after Tether one day too, they tried and gave them a fee to pay (millions of dollars) but they are rich enough to continue for now, if they keep it up, it is going to be trouble for them too. BNB is not that far off, ok it is not dollars but it is money they created and they are taking money away from others, it could be an issue in the future for the USA government.

currently these tokens aren't any good, many of them aren't even increasing in value, like BNB even though it has binance smart chain backing it up but its the same value like a year ago.
thats why they are not promising altcoin to invest, even investing in ethereum a year ago might be more future proof than investing in these coin like exchange tokens.

Native tokens of exchanges are also created the same as other useful altcoins should be. These tokens should have a real use case that can be applied to crypto. No need for any hype or what to make it boom as long it's really beneficial within the said exchange.

Most of the time, when native tokens boomed, it's only because of the hype even if we take the example of BNB by Binance.

The question if we are holding any native tokens is also the same as asking what coins are you holding now that have a chance to make a boom. You are the only one who can answer that question based on your own conclusion if these native coins are worth holding.

PYUSD is also "dangerous" to the American government. With rumors of a possible CBDC (Central Bank Digital Currency) launch, it's most likely all stablecoins will cease to exist in the future. Even the EUR-denominated ones. No government wants something they can't control. While stablecoins are centralized, they don't give governments full power/control over transactions performed on the blockchain. Having a proprietary blockchain network where you can control the supply and other attributes of your currency is a lot better than having to depend on a third-party.

It's likely exchange-based coins/tokens (not stablecoins) will eventually survive the tide. That depends how decentralized they manage to be over time. Knowing that centralization plagues the crypto market, it's hard to believe that will be the case in the future. At least, we'll have Bitcoin by our side. :)

Governments like control, and PYUSD may threaten them. CBDCs may affect stablecoins, thus its worth considering. You emphasize transaction control, which is crucial. Your point about exchange-based currency and decentralization is valid. Say governments use stablecoins to their advantage. A collaboration instead than eradication? An interesting viewpoint, no? Many dont trust governments or fiat currencies anymore. Collective mistrust drives cryptocurrency growth. We may distrust, but we cant escape their reach yet, can we?

I would be surprised if governments go as far as adopting stablecoins as their own. Instead of launching CBDCs, they could use existing stablecoins as the new digital Fiat currency. Why re-invent the wheel? If they do that, the issuing company will be obliged to provide full access/control to the stablecoin mechanics. It's a wild and crazy idea, but anything's possible.

Exchange-based coins may only be a "temporary venture", especially when stablecoins (or CBDCs) are poised to take over the world. Only truly-decentralized cryptocurrencies (eg: Bitcoin, Litecoin) will survive due to the way they were designed. The future is widely unpredictable, so we can only hope for the best. Just my thoughts ;D

First of all, a CBDC doesn't work like a cryptocurrency or operates on a blockchain network but they are digital currencies that are controlled by the banks or authorities that release them, so they can't really replace stablecoins in the cryptocurrency market. People will not and can't abandon stablecoins and start using CBDCs even if they are forced to do so because some just don't want to use coins that are totally regulated and centralized.

And, who told you that exchange-based tokens or coins are decentralized? They are not completely decentralized despite the fact that they run within blockchain networks and the transactions aren't really controlled by the parent exchanges but they can easily be modified or manipulated.

An exchange token do get more influence in the market, because what I know concerning this exchange token is that, before the exchange token been launched their is an airdrops that will be going on to create awareness and people will be ready and ensure that they have a purchased the coins knowing that it will have more increase in adoption, so any exchange token use to have the privilege of accelerating higher from my perspective.

Exchange tokens are very bad for long-term storage because the exchanges themselves are not permanent. Take a look at the exchange tokens ByBit or KuCoin. They are experiencing constant depreciation right now and that could continue. I wouldn't consider exchange tokens as an investment for 5 or more years. 2 or 3 years at most, and during the bull run all these tokens should be sold, otherwise you risk being among those who stayed with the tokens and missed their opportunities.

I am aware exchange coins are not as decentralized as they claim to be. Especially BNB which is heavily-manipulated by Binance. You can't say that CBDCs "won't operate on a Blockchain network", especially when governments and central banks have expressed their interest towards the tech. They could launch a CBDC that lives within a private blockchain network controlled by one or more banking institutions. Don't expect them to use a public blockchain network like Bitcoin, Ethereum, or XRP, though.

We're going to have to see whenever governments will allow stablecoins to co-exist with CBDCs or not. It's easy to take down a centralized stablecoin than it's the case with a decentralized cryptocurrency like Bitcoin. The future is widely unpredictable, so we can only hope for the best. ;)