Druckenmiller Predicts Stablecoins Will Dominate Global Payments, Calls Broader Crypto A 'Solution Looking For A Problem'
Stanley Druckenmiller, the billionaire investor behind Duquesne Family Office, said Thursday he expects global payment infrastructure to run largely on stablecoins within 10 to 15 years, while repeating long-held skepticism toward most of the cryptocurrency market. The remarks, made during a Morgan