Billionaire Investor Stanley Druckenmiller Bullish on Stablecoin Growth

Billionaire investor Stanley Druckenmiller thinks that stablecoins are “incredibly useful”—so much so that he expects them to become the backbone of the financial system in the coming decades.  “I assume our whole payments systems will be stablecoins in 10 or 15 years,” he said in a newly posted video interview with Morgan Stanley, calling the fiat-pegged tokens highly productive thanks to their efficiency and cost-effectiveness.  The former hedge fund manager did not speak as highly about the rest of the ...