CoinTelegraph reported that criticism has emerged, stating that the term "stablecoin" is outdated and needs to change. Robert Hackett, Head of Crypto Projects at a16z, argued, "The term 'stablecoin' is merely a legacy from the early days of cryptocurrency and does not capture current technological advancements. It was given a defensive name to maintain value pegged to fiat currency in a past era of extreme volatility, but now stability is fundamental, and what can be done with stablecoins has become important." John Palmer, President of CBOE Digital, also added, "The term 'stablecoin' is overly passive. This technology has the potential to expand the influence of cryptocurrency by more than 10 times." The current stablecoin market size is approximately $321 billion, and its adoption is gradually expanding. Hackett further added, "Alternative terms like 'digital cash' and 'programmable cash' are often suggested, but they lack impact. In the future, stablecoins may simply be called 'money' without a separate name."
