Stablecoins with a market cap of $250 billion are reshaping global finance by offering a business model that benefits issuers through interest on fiat reserves and attracting interest from banks and payment giants.
Stablecoins provide real utility with low fees, no chargebacks, and increased access to digital payments, especially in Asia where 80% of stablecoin volume now occurs outside the U.S.
Stablecoins, led by Tether, are gaining institutional backing and have become major buyers of U.S. Treasury debt, reinforcing the dominance of the U.S. dollar.
As stablecoin adoption grows, Ethereum is set to benefit the most as it hosts the majority of stablecoin activity and real-world assets, potentially multiplying its revenues tenfold if the market expands to $2 trillion.