CandleFocus Tesla’s automation will help with stablecoin adoption: Pompliano
2024-10-15
Author: Content Editor
Tesla's advancements in automation, including their autonomous vehicles and humanoid robots, could lead to widespread adoption of stablecoins, according to Anthony Pompliano, founder of Professional Capital Management. He believes that these machines signal the need for a new type of currency that can facilitate seamless, low-cost transactions in a machine-driven economy. Pompliano suggests that stablecoins could act as the "digital checking account" for autonomous systems, as they provide a stable value suitable for day-to-day transactions. As automation accelerates, Pompliano predicts a rise in stablecoin usage and suggests that investors should closely monitor this trend.
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