On chain finance isn’t just faster. It’s smarter, cheaper | Paxos on Binance Square

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On chain finance isn’t just faster. 
It’s smarter, cheaper and more transparent.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Money that moves like email. That’s the promise of stablecoins.

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What if stablecoins worked for the whole ecosystem, and not just the issuer? The @global_dollar Network is making that vision a reality. Here’s how: 🧵

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Stablecoins are rewriting global payment rails. And they’re open to anyone with an internet connection.

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Stablecoin total market cap by year: ⚬ 2017: $110K ⚬ 2018: $541.4M ⚬ 2019: $4.2B ⚬ 2020: $25B ⚬ 2021: $150.8B ⚬ 2022: $139.5B ⚬ 2023: $123.6B ⚬ 2024: $203.7B ⚬ Today: $229.6B Data from @artemis, based on the last week of each year.

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“The mission of Paxos has always been the same: To tokenize the world’s assets.” Great stablecoin-focused conversation between Paxos Product Lead, @kylelibra and @0xCoinshift.

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