Algorithmic stablecoins are fast becoming the norm - protocol-issued dollars coming to every blockchain.
Detractors cannot see - currencies are ultimately backed by the economies that use them, and the future is clearly opting to use decentralized and self sovereign stablecoin💰
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This becomes easier to understand if you imagine fiat pegs are transient for stablecoins
Think about it
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How will CBDC fit into this narrative? Or will it not fit entirely? How then is crypto going to merge with real world usage? So far the most compelling use case is lighting on bitcoin network.
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It's meant to be the alternative to CBDC, in the view that CBDCs are unlikely to be censorship-resistant.
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