Vitalik Buterin Suggests Prediction Markets as Stablecoin Alternative

Ethereum co-founder Vitalik Buterin has proposed that prediction markets could provide price stability akin to stablecoins, potentially reducing reliance on fiat currency. According to NS3.AI, Buterin envisions a system where users can hedge future expenses through personalized prediction market shares, offering a sustainable alternative to traditional money. Industry leaders support this view, seeing prediction markets as evolving from entertainment to essential economic information infrastructure.