Odaily Planet Daily News CoinShares said that stablecoins based on Bitcoin may appear in 2024 and can even be "comparable" to the speed and cost of other stablecoins in the industry, while also inheriting the basic stability of Bitcoin infrastructure. CoinShares explained in its latest report: “We expect 2024 to be a critical year for Bitcoin in the stablecoin space.” CoinShares’ head of Bitcoin research Christopher Bendiksen and analyst Matthew Kimmel predicted, “A company focused on Bitcoin projects competing in the modern stablecoin space will become accessible this year, and at least in theory, viable development projects will finally become available tools." (Cointelegraph)