Your guest columnist Linda Jeng, founder and CEO of Digital Self Labs, lists the many barriers that she argues should be overcome so that stablecoins can be treated as currency (Opinion, May 8).
However, she fails to mention why we might want to do so, when there are a number of well-established and widely accepted currencies available.
Tellingly, Jeng quickly glosses over the key point: stablecoins are a form
of crypto.
Calling crypto “stable” doesn’t make it so.
Sim Gurewitz
El Cerrito, CA, US
