Just crossed with another Leon tweet giving a really good insight of what is going on with stablecoins and how keeps breaking records.
As you can see in the chart above, the combined value of all stablecoins just broke the $300 Billion mark and this is just starting. To put some perspective as the tweet states, this is equivalent to 10% of every physical existing US dollar.
However, it is really important to know why all this things happen and why it happened in the past. If we rewind the timeline:
- 2017 – 2020: Stablecoins were used just by traders, mainly to move in and out of volatile crypto positions.
- 2021 – 2022: DeFi Summer and degens turned stablecoins into the lifeblood of yield farming, collateral and liquidity pools.
- 2023: In 2023 because of the winter the hype cooled off but rails got serious, regulated issuers, cleaner on/off ramps, faster bridges, institutional interest…
- 2024 – 2025 (Now): Something new is happening, real world usage like global remittances, cross border payments, on chain corporate treasuries, settlement rails for fintechs and banks, tokenized assets using stables as base layer, etc.
Stablecoins are no longer a side tools for crypto traders, they are becoming the digital dollar standard. We are basically watching the early infrastructure of a parallel global financial system being built in front of our eyes and stablecoins are the glue. Furthermore, Ethereum is really playing a huge part in all this game and it is poised to really shine with this.
Source:
Stablecoins Just Surpassed $300B (10% of All Cash USD) – From Trader Tool to Digital Dollar Standard and Ethereum Is About to Be the Biggest Winner
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Posted by kirtash93
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