Stablecoin, crypto and the coming battle for the future of money – The Irish Times
This year we are going to face up to an unexpected question – what exactly is the future of money? The traditional “cash or card” debate is only the start of it. We have all tried to understand crypto – and only, at best, half succeeded in doing so. But 2025 saw clear signs of an emerging battle to control the flow of money and transactions – much of it based around a new creation called stablecoin that may, or may not, live up to its name over time.
To understand the coming battle, we need to focus on two things. One is the kind of anarchic, anti-establishment mood that led to the creation of crypto. It was money created and controlled outside the normal rule book. It was a power play by the tech sector and crypto promoters…
