The stablecoin market has experienced a significant increase in recent months. Its total market capitalization has risen by 90% since late 2023, surpassing the threshold of 230 billion dollars.
As stablecoins play an increasingly vital role in global finance, experts are identifying key ways for retail investors to capitalize on this growing trend.
Patrick Scott, a decentralized finance (DeFi) expert, outlined three main strategies for investors looking to benefit from the stablecoin boom.
"There are 3 ways to take advantage of the stablecoin boom: 1) Blockchains on which stablecoins are issued 2) Stablecoin issuers 3) DeFi protocols where stablecoins are used," Scott explained.