Stablecoins are a type of digital tokens that are pegged to a fiat currency, USD, for instance, and their valuation is determined accordingly. They are comparatively safe for usage within the ecosystem. However, stablecoins have always been looked at as casino chips. Meaning something that has limited utility for only a handful of people.Gordon Liao, the Chief Economist at Circle, has now pitched an idea that stablecoins are much more than that. People cannot simply choose to limit their perception when it comes to stablecoins.