#StablecoinSurge Stablecoins Reach Historic Record**

The market for *stablecoins*, cryptocurrencies linked to stable assets like the dollar, recorded unprecedented growth in 2023, surpassing $150 billion in capitalization. This boom responds to the demand for a safe haven amid the volatility of cryptoassets like Bitcoin and their use in fast and inexpensive cross-border transactions. Tether (USDT) and USD Coin (USDC) lead the sector, while giants like PayPal launch their own stablecoins. Global regulators warn about liquidity and transparency risks, pushing for stricter legal frameworks. Experts highlight their potential to revolutionize finance, but emphasize the need for oversight to ensure long-term stability. 📈🔒