“Stablecoins have not flipped Visa.” 💳
While it is true that the volume of stablecoins in 2024 was higher, a significant portion of this volume consists of whales , #DeFi, and exchange flows rather than consumer payments. 🐋
The infrastructure for stablecoins is advancing rapidly, but the user experience and real-world adoption remain areas for improvement.
Despite these challenges, the cryptocurrency market remains optimistic, but it is important to recognize that capacity does not equate to adoption.