CoinShares: The speed and cost of Bitcoin-based stablecoins may be comparable to other stablecoins within the year

CoinShares said that there may be a Bitcoin-based stablecoin in 2024, which could have competitive speed and cost compared to other stablecoins in the industry, while also inheriting the basic stability of Bitcoin infrastructure. CoinShares explained in its latest outlook report released on January 22nd: We expect 2024 to be a crucial year for Bitcoin in the stablecoin field. Christopher Bendiksen, Head of Bitcoin Research at CoinShares, and analyst Matthew Kimmel predict that a Bitcoin project focused on competing in the modern stablecoin field will become easily accessible this year, and theoretically feasible development projects will eventually become available tools.