One of the more fundamental problems is that crypto assets can be either useful hedges or useful forms of payment, but not easily both. That is why stablecoins, such as crypto assets pegged to the dollar, have proven of enduring interest. That’s okay if you’re using crypto assets for a modest portion of your purchases. If you imagine crypto being treated like gold, and constituting , say, 0.5% of many balance sheets, that would imply a high price for the major crypto assets. Yet these corporations will want institutionalized, mainstream crypto assets, and they will not mind the notion of more heavily regulated crypto assets and crypto-linked financial institutions.

Source: Mint December 30, 2020 15:18 UTC