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Bitcoin Stays Volatile While MUFG Says Stables Work Better as Money
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Bitcoin stays volatile while MUFG says stables work better as money
Bitcoin slips ~2% in 7d as MUFG touts stablecoins’ price-stable payments. An analyst at Mitsubishi UFJ Financial Group has stated that stablecoins represent a more suitable currency option than Bitcoin for payment purposes, according to recent commentary from the Japanese…
Stablecoins Are Better Suited Than Bitcoin to Act as Money: MUFG Bank’s Lee Hardman
MUFG Bank currency analyst Lee Hardman says stablecoins are proving to be a more practical form of money than volatile cryptocurrencies such as Bitcoin. In a recent market note, Hardman explained that stablecoin growth is drawing more attention because these assets function as a digital form of cash.Visit Website
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