Stablecoins have emerged as a pivotal instrument in the dynamic world of crypto, providing (relative) stability in an otherwise volatile market. Real-world use cases powered by Web3 technology evolve around the tokenization of real assets and the easy, permissionless and borderless transfer of assets. Stablecoins take center stage in these transfers and have gained prominence as a store of value and a medium of exchange.
Looking ahead to 2024, several trends are poised to shape the trajectory of stablecoins.
Demand for stablecoins will increase
In the past two years, the global stablecoins market has grown to over $100 billion in market cap, mostly driven by applications around…
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