📈 Key Events in the World of Stablecoins
Bank of England Governor Andrew Bailey emphasized the importance of stablecoins at the G20 meeting, stating that they will be evaluated as a priority for financial stability. Analysts predict that with a market capitalization of $750 billion, stablecoins will begin to influence the U.S. Treasury bond market. There is an opportunity to earn 4% for USDC holders on Deribit, and startup Dakota raised $12.5 million to improve dollar-to-stablecoin transfers. Stablecoins could account for 50% of global payments in the future.
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