Analyst: Stablecoins and DeFi Could Unlock Nearly One Trillion Dollars of Global Economic Value Annually
On August 14, Real Vision's Chief Crypto Analyst Jamie Coutts stated on the X platform that stablecoins will eliminate trillions of dollars in economic friction, thereby increasing net profit margins for merchants, facilitating new economic value transfers, and enhancing the speed of currency circulation. Meanwhile, DeFi will significantly reduce credit costs. Internal data from the International Monetary Fund also supports this trend. In the United States, blockchain providers have already offered home equity lines of credit at interest rates that are over 100 basis points lower than traditional credit (with current outstanding loans reaching 11 billion dollars). Coutts estimates that the potential global economic unlocked value reaches one trillion dollars annually. $ETH