Stablecoin Market Cap Hits $200B Milestone, Could Double in 2025 as Adoption Accelerates

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Asset manager Bitwise sees the stablecoin market growing to $400 billion next year, with U.S. legislation, fintech adoption and global payments driving the growth.

The total market value of stablecoins crossed the $200 billion mark for the first time ever, CCData and DefiLlama show.

Stablecoins could double in market size to $400 billion next year, with the U.S. Congress passing legislation being a key catalyst, asset manager Bitwise said. Demand for stablecoins grew steadily through the past year as crypto markets emerged from a brutal bear market. The growth significantly accelerated following Donald Trump's election victory last month, adding $30 billion supply as investors poured funds into cryptocurrencies in a frenzy.

Circle's USDC, the second-largest in the asset class, also grew 9% to nearly $41 billion market value during the same period. Circle just recently teamed up with Binance, the world's largest crypto exchange by trading volume, to push USDC adoption globally.for increasing stablecoin usage for payments, remittances and savings, especially in developing countries with rapidly depreciating local currency and fragile financial systems.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 291. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Crypto market cap hits record $3.2 trillion, CoinGecko data showsCrypto market cap hits record $3.2 trillion, CoinGecko data shows
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Crypto market cap hits $3.1T high, may soon surpass France’s GDPThe total crypto market cap has passed $3.1 trillion, cementing a new all-time high near France’s GDP.
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »

Meme Coin Madness: Their Total Market Cap Hits an ATH of Over $120 BillionCrypto Blog
Fuente: Crypto_Potato - 🏆 568. / 51 Leer más »

Pepe meme coin hits new all-time high, with market cap surpassing $11 billionPepe (PEPE) soars to a new all-time high (ATH) of $0.0000275 on Monday after an 18% rally over the past week.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »

Crypto Market Cap Slumped by $300 Billion Amid BTC, Altcoin Massacre: Market WatchCrypto Blog
Fuente: Crypto_Potato - 🏆 568. / 51 Leer más »

How Tokenized Money Market Funds Dulled the Stablecoin StarAaron Kaplan is the co-CEO of Prometheum Inc. Its affiliates Prometheum ATS and Prometheum Capital offer and end-to-end, blockchain-enabled ecosystem for the trading (Prometheum ATS) and clearance, settlement, and custody of digital asset securities (Prometheum Capital).
Fuente: CoinDesk - 🏆 291. / 63 Leer más »