According to PANews, Real Vision's Chief Cryptocurrency Analyst Jamie Coutts recently stated on the X platform that stablecoins are set to eliminate trillions of dollars in economic friction. This development is expected to enhance merchants' net profit margins, facilitate new economic value transfers, and increase the velocity of money circulation. Concurrently, decentralized finance (DeFi) is anticipated to significantly reduce credit costs. Internal data from the International Monetary Fund supports this trend.
In the United States, blockchain providers are already offering home equity lines of credit with interest rates over 100 basis points lower than traditional credit options. Currently, outstanding loans in this sector amount to $11 billion. Coutts estimates that the potential global economic value unlocked by these innovations could reach $1 trillion annually.
