[Crypto Q&A] According to the expert forecast "2021 may be the year that stablecoins penetrate non-crypto markets more deeply, helping to increase mass adoption" how would Ethereum be useful in non-crypto markets?

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Ethereum is a blockchain that was developed to support scripting and the creation of decentralized applications and 'smart contracts' through its virtual machine (EVM). Ethereum's native token, Ether (ETH) is a cryptocurrency used to pay for the processing power of the EVM in order to run smart contracts or other Dapps, in what is called 'gas'. Smart contracts have been used on Ethereum for a variety of purposes, from issuing ICO tokens to creating entire decentralized autonomous organizations.

Those who already think that ETH will not see real adoption — thanks to a failure to scale, to adopt more secure contract authoring practices, or to out-compete its competitors — don’t need to be convinced that a price collapse would follow as a consequence. But, if one believes that Ethereum will succeed beyond anyone’s wildest dreams as a platform then the proposition that ETH (as a currency) will go to zero will take a bit more convincing running a substantial share of the world’s commerce securely. So here’s how Ethereum ends up succeeding wildly but ETH becomes worthless.

Ethereum ($ETH) is the second most valuable token when measured by market cap, and the Ethereum platform offers its users a wide array of tools. Unlike Bitcoin, which was aimed solely at making financial transactions, the Ethereum blockchain was designed to do a lot more. The blockchain that powers Ethereum is far more complex than Bitcoin and allows third-party developers to create their own tokens and sub-platforms on the blockchain. This has led to a steep rise in the popularity of Ethereum, although it has also created issues for some devs that decided to invest in creating new platforms on blockchain which means making an accurate Ethereum price prediction requires a holistic approach.

At the moment there is still hostility against crypto in many economies where the sovereign nationality so delineate crypto uses to the grey areas. Even in the supported countries, their is wide scepticism and lackadaisical actions towards the use of crypto in place of fiat due to non provision of legal framework for the mass adoption. Consequently, Ethereum being proposed for use in non-crypto markets would likely see very limited use at the moment on account of lack of sufficient public interests and infrastructural deficit that is militating against mass retail payment adopt and use of Ether in real-time payment. Nevertheless, going by the latest development that is playing out at the financial market which has given some tokens quotations side by side with conventional stocks at the NYSE and Wall street, Ether over time might likely become a revolutionary vehicle in exchange and settlement systems between regular stocks and digital tokens and thereafter become perhaps the first financial market commodity fiat gateway for all non-crypto economy properties to migrate to digital mainstream in cryptonomy.