Stablecoins currently account for 1.1% of the US dollar supply.

Gate News bot news, according to Token Terminal data, stablecoins have reached a new milestone, currently accounting for 1.1% of the total U.S. dollar (M2) money supply. Although stablecoins still represent a small portion, their influence is growing, sparking discussions about their potential to reshape the global financial landscape.

The article states: "Many stablecoin startups will drive this ratio close to 100%." This bold prediction reflects the industry's ambition to integrate programmable digital assets into mainstream financial infrastructure.

This trend is consistent with the broader developments in the field, including the increasing use of Visa and Mastercard stablecoin integration of USDC, USDT, and PYUSD in cross-border payments.

Although a growth rate of 1.1% may not seem high, this trajectory indicates a significant shift in the way value is stored and transferred. With stablecoins now widely used in various fields from trading, DeFi to remittances and payroll, the path to greater currency integration may have already begun.

(Source: Token Terminal)