đąGlobal stablecoin market: Risks and opportunities coexist! đ
The stablecoin market has grown 17 times in the past four years, with transfer volume reaching $4 trillion in the second quarter of 2024. Tether (USDT) holds 83.3% of the market share. Stablecoins have become an important part of the crypto market because they are pegged to fiat currencies and have stable prices.
However, regulatory environments vary significantly around the world. Places such as Hong Kong and the United Arab Emirates have introduced relevant regulations to enhance investor trust, but cross-border flows still face challenges.
What do you think of the future development of stablecoins? Letâs chat in the comment section! đŹ
