CoinWorld News, a16z's new paper redefines stablecoins as a $9 trillion "economic operating system" for global finance, used not only for payments but also supporting accounts, foreign exchange, and credit. According to their research, stablecoins handled approximately $9 trillion in adjusted transaction volume over the past year, a 87% year-over-year increase, surpassing half of Visa's transaction volume and five times PayPal's. Meanwhile, the supply of USD-pegged stablecoins has exceeded $270 billion, with the entire industry expected to surpass $300 billion. a16z believes that stablecoins have become the "fastest, cheapest, most global way to transfer US dollars," and see them as a core part of the new financial stack, rather than just a tool for crypto payments.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin