đž Stablecoins Are Quietly Eating the Financial System đ„
According to a16z Crypto, stablecoins are now processing an eye-popping $33 TRILLION in annual volume:
đč 20x PayPal
đč 3x Visa
đč Catching up to the ACH network
Thatâs not all:
đŠ $128B in U.S. Treasuries backs them â making stablecoin issuers top 20 U.S. debt holders, ahead of Germany and Saudi Arabia đ©đȘđžđŠ
đ Key Insights:
â« Over 1% of USD supply is tokenized
â« Citi sees $3.7T in stablecoin Treasuries by 2030
â« Ethereum & Tron dominate, but Solana, Arbitrum, and Base are gaining ground
â« Decoupled from trading volumes â real-world use cases are here
â« Sub-second, sub-cent payments â stablecoins are Web3âs killer app
đ Are stablecoins the stealth rails of the next financial revolution?
đ Drop your thoughts. Real adoption or still early innings?
#Stablecoins #Ethereum #Tron #Solana #CryptoPayments #Web3 #CBDC #CryptoAdoption #BinanceSquare