#StablecoinSurge Stable coins, which are usually linked to the US dollar or other stable assets, play an important role in providing stability and liquidity to the crypto currency market. In recent years, their popularity and use have been significantly increased.
Recent progress:
Sonic Platform Development: According to the Coin Telegraph, the supply of stable coins to the Sonic Platform has exceeded $ 250 million in just three months. This milestone shows the rapid development and adoption of the stable coins on the platform, which reflects a significant interest in the use and trading of stable coin.
Global Adoption: In 2024, the volume of stable coin on the US regulated exchanges decreased, while their demand for emerging markets increased. This change reflects the increasing demand for US -backed stable coins in countries with a limited access to stable currencies.
Tether's new move: Tether has announced the launch of a new stable coin associated with the United Arab Emirates Durham. The move is an attempt to meet the Gulf currency demand and provide an alternative to the US dollar.
Future expectations:
According to analysts, the total market cap of the Stable Queens can reach $ 400 billion by the end of 2025, indicating their growing popularity and use.
Use of Stable Quinn in Pakistan:
The use of stable coins in Pakistan is increasing rapidly, especially in online trading and international remittances. However, it is important to consider the legal and lawful aspects of their use. The opinions of the scholars are different about this: some consider it absolutely invalid, some have the opinion of the pause, while some consider it legitimate under government laws.
Summary:
The popularity and use of the Stable Quinn continues to increase, which is playing an important role in providing stability and liquidity to the crypto currency market. However, it is important to consider the legal and lawful aspects of their use, especially in countries like Pakistan where financial laws and religious rules are taken care of.