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At the Emergence conference held by TheBlock, experts discussed the upcoming 'renaissance' of the stablecoin industry. With the implementation of the European Crypto Asset Market Regulatory Framework (MiCA) and the appointment of pro crypto politicians in the United States, regional stablecoins will rapidly rise. Former Circle executive Vishal Gupta pointed out that the stablecoin market will shift from a USD dominated pattern to diversified development, such as stablecoins supporting the Brazilian real and the African CFA franc. Experts also mentioned that stablecoins have become an important tool for residents in many inflationary countries to store value, but should not be limited to the US dollar. @yogafaris-
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