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a16z Calls “Stablecoin” a Leftover Word From Crypto’s Volatile Past

BeInCrypto
Andreessen Horowitz argues the term "stablecoin" is outdated as these assets become essential, mainstream infrastructure for global digital payments.

Summary

Andreessen Horowitz (a16z) suggests that the term "stablecoin" is a relic of crypto's volatile history, arguing that stability is now a prerequisite rather than a defining feature. As these assets evolve into core global payment infrastructure—recently surpassing traditional networks like ACH in volume—a16z advocates for terms like "digital dollars" or "on-chain assets" to better reflect their role as programmable, mainstream financial tools.

(Source:BeInCrypto)