Bitcoin purist Jack Dorsey, the co-founder of Twitter and a prominent advocate for cryptocurrency, has publicly stated that his firm, while remaining committed to the core principles of decentralization and the original vision of Bitcoin, is reluctantly yielding to the overwhelming demand and growing popularity of stablecoins in the financial ecosystem. This shift reflects a recognition of the evolving market dynamics and the increasing interest from users and investors in more stable and less volatile digital currencies.
source: https://www.coindesk.com/business/2026/03/07/bitcoin-purist-jack-dorsey-s-firm-is-reluctantly-giving-in-to-stablecoin-craze