Anthony Pompliano on the Future of Stablecoins
Anthony Pompliano, the founder of Professional Capital Management, believes Tesla’s shift toward automation could be a key factor in driving widespread adoption of stablecoins. In a recent post, he highlighted Tesla’s autonomous vehicles and humanoid robots showcased at the Robotaxi Day event as a potential turning point for digital currencies.
Tesla’s Autonomous Technologies and Stablecoins
According to Pompliano, these innovations could lead to a new era where stablecoins play a primary role in transactions within a machine-driven economy. This could mean that stablecoins become the preferred payment method between machines and systems in an automated economy.
Tesla and New Opportunities for Stablecoins
At the Robotaxi Day event, Tesla introduced several new products, including an autonomous Cybercab, a larger Robovan, and the humanoid robot Optimus. Pompliano emphasized that these technologies not only represent significant advancements in automation but also indicate the need for a new type of currency that can facilitate fast and low-cost transactions between machines.
Stablecoins as a Digital Account
In an interview with Yahoo Finance, Pompliano likened stablecoins to a “digital checking account” for autonomous systems, similar to how EZ Pass simplifies toll payments. In the future, he believes people and machines will prefer not to spend their bitcoins, as their value is expected to rise. Instead, digital stablecoins would be used for everyday transactions.
What Are Stablecoins?
Stablecoins are digital currencies pegged to stable assets, such as the U.S. dollar, to minimize the volatility often associated with cryptocurrencies like bitcoin. Their stable value makes them a popular choice for everyday transactions and cross-border payments, often with lower fees than traditional banking systems.
The Rise of Stablecoins in the Context of Automation
Pompliano also noted that as automation accelerates, stablecoins will play an increasingly important role in machine-to-machine transactions. He mentioned that banks are beginning to recognize the significance of this technology, which he believes will lead to greater adoption.
Trends Investors Should Watch
Pompliano highlighted that the rise of robotics and the use of stablecoins represent a new trend that investors should pay close attention to. He predicts that the introduction of these technologies in industries will lead to a broader use of stablecoins for daily payments, while bitcoin will remain more of a store of value.
“Due to the introduction of these technologies, I expect a significant increase in stablecoin usage. Bitcoin will be for saving economic value, and stablecoins will be for spending, allowing for cheaper and faster transactions,” Pompliano stated.
#Stablecoins , #cryptoadoption , #ElonMusk. , #cryptoFuture , #Robotaxi

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Dedicated to Tesla electric cars, token memes have skyrocketed in price following the #announcement of the upcoming release of robotaxis.

On October 10, Tesla CEO #ElonMusk. announced his company's plans to release a robotic cab within the next two years, which will likely be called Cybercab or #Robotaxi . It is known that the car will be made two-seater, and the control functions will be transferred to artificial intelligence, so there will be no steering wheel or pedals in the cabin.

In honor of the new car has already released at least two cryptocurrencies: TeslaTAXI and CyberCab (CYBERCAB). The exchange rate of TeslaTAXI, created on the Solana ($SOL
) blockchain, soared tenfold in a matter of hours, and the coin's capitalization level reached $7.8 million.

CyberCab, which appeared on the Ethereum (
) network, also went up in price, but not as much - eight times. However, the pump in the markets of both cryptocurrencies ended on Thursday evening Moscow time, and they fell sharply in price.

The aforementioned and other similar meme tokens are not directly related to Musk and Tesla, besides, their liquidity leaves much to be desired. The trading volume of TeslaTAXI for the last 24 hours amounted to only $53,470, and CyberCab - $13,000. Given these facts, it becomes obvious that investing in digital #assets based on memes about Tesla carries exorbitant risks.
#moonbix