question Stablecoins vs Value Stable Crypto Assets

[Woke Monkey]

The GFMA (Global Financial Markets Association) has recommended that all types of 'Stablecoins' come under the classification of 'Value Stable Crypto Assets'.

Central Bank Digital Currencies - CBDC's
Financial Market Infrastructure Tokens - FMITokens
Tokenized Commercial Bank Money
Algorithmic Crypto-Asset
Stablecoins
Asset Linked Crypto Assets
Fiat currency linked (e.g., Tether, Paxos, USDC, Gemini)
Other real asset linked (e.g., Sendgold, Xaurum )
Crypto-asset linked (e.g., Maker)


Would the domaining community therefore say that 'ValueStableCryptoAssets.(*)' is a category killer and is more valuable than the singular 'stablecoins.(*)?

 

[Samer]

“ValueStableCryptoAssets” is quite a mouthful.

Buy Cryptocurrency.com; Best category killer

 

[garptrader]

I am yet to see an exchange which doesn't offer a menu of crypto options and never opened an account at Gemini because they offer so few choices. Stablecoins.com would be favored by domainers but who would be the end user. Would Coinbase have any need for this domain? How would it help their business? Questionable...

 

[Woke Monkey]

“ValueStableCryptoAssets” is quite a mouthful.

Just buy cryptocurrency.com

You’re right, but it is what it is. If these recommendations for the reclassification of terms for taxonomy reasons go ahead (which it likely will) the industry will be stuck with it.

The classification ‘Cryptocurrency‘ will be for the likes of decentralized networks like Bitcoin.

The market is evolving. Institutional money is bypassing these networks and going straight into Blockchain agnostic networks that will support the new global payment system.