The governor of Bank of England, Andrew Bailey, Write a letter to the G20 yesterday saying that the Financial Stability Board (FSB) – the finance manager of the forum, to which Bailey assigned to the head In April – the role of stablecoins is assessed in payments and repairs as the top priority.
To the point: an analyst to the standard chartered Says That, once Stablecoins hit the $ 750 billion mark, they could begin to influence the structure of US Treasury markets. (Their market cap is current to approximately $ 258 billion According to Defillma.)
We also have a deribit makes it possible For USDC holders to earn 4% yield, a crypto startup called Dakota raising $ 12.5 million To make it easier for businesses to move funds from the US dollar to stablecoins, and return again.
These four headlines are from now on, and they have nothing in common. We got used to seeing a lot of news, day -day, about stablecoin adoption. “Stablecoins is the Killer App of Crypto” has become a saying that is very much like “stay humble, stack sats.”
Underdiscussed winners of Stablecoin growth are market manufacturers – outfits that provide liquidity in crypto markets and ensure that trading is very well carried out. Kevin de Patoul, CEO of Global Investment Firm KeyrockCoinDesk recently told that demand for Bitcoin and Stablecoins takes demand for any other type of cryptocurrencies by a wide margin.
Even more interesting, demand for stablecoins is increasingly coming from companies that are not native crypto, but consider the stablecoins as a truly great technology for international payments.
“That was actually a change in the last year and a half, seeing the owners used for their better efficiency, rather than just a way to gain crypto exposure,” he said.
Stablecoins will show way for the tokenization of stock, Money market fundsand so on, Stranger types of financial products. De Patoul expects the backend of the financial system to be fully updated to improve the user’s access to these vehicles.
While tokenization is quite a newer and shinier concept for crypto natives-a little like bleeding side of tech-stablecoins, along with their “potential thinking” potential, will likely remain a bigger story in the coming years, De Patoul said.
“Later, 50% of the global payment will be made to Stablecoins,” he said. “Stablecoins will continue to be the biggest use case for digital assets for the next few years.”
