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The stablecoin market is approaching the $300 billion mark as we’re seeing more signs of TradFi’s broader shift to blockchain rails.  

For those keeping track at home, the roughly $290 billion stablecoin market cap is up 18% from 90 days ago and has more than doubled since the start of 2024.

We’ve seen traditional payment giants integrating stablecoins into the financial mainstream of late. Mastercard — recognizing stablecoins’ ability to bring faster, lower-cost cross-border B2B payments and simplify peer-to-peer remittances — enabled access to USDG, USDC, PYUSD and…

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