Lucy Jane 
During the World of Web3 (WOW) Conference in Hong Kong, a panel of specialists in the digital regulatory area is discussing the future usage of regulated stablecoins in the presence of regulators. In the panel titled “Digital Assets: Policies and the Future,” the group discussed how the current growth rate of the stablecoin market helps to ensure that regulated stablecoins will remain in use through 2030.
While acknowledging the growth of the cryptocurrency industry, Alexandra Sasha, the first deputy of the Danish Parliament and a proponent of blockchain technology and innovation, predicted that regulated stablecoins would strengthen.
Sasha stated, “Therefore, I believe there are still two types of demand, as there will be those who wish to centralize the digital era, and there will always be those who desire a decentralized payment system unless it is banned, which I do not believe is anyone’s intention.”
Kelvin Lester Lee, the commissioner of the Securities and Exchange Commission of the Philippines, is uncertain as to whether regulated digital assets will be thriving by 2030 in terms of their widespread adoption. However, they would still exist and may appear differently.
Douglas Arner, a professor at the University of Hong Kong who specializes in the interrelationship between finance and technology regulation, added that this entire decade would be a competition between centralized and decentralized approaches.
According to Arner, competition applies equally in the context of the metaverse and the crypto ecosystem, and by the end of the decade, there will be a spectrum of structures in which regulated stablecoins are likely to become the most widely used monetary instrument embedded in blockchain applications.