cointelegraph
Stablecoins become ‘global macroeconomic force’ as transactions reach $46T: Report
TL;DR
Stablecoins have emerged as a significant global economic force with transactions totaling $46 trillion, representing over 1% of US dollars in circulation, according to a new a16z report. Institutions and fintech companies are increasingly participating in the stablecoin market.
Summary
Stablecoins have emerged as a significant global economic force with transactions totaling $46 trillion, representing over 1% of US dollars in circulation, according to a new a16z report. Institutions and fintech companies are increasingly participating in the stablecoin market.
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