According to PANews, Pantera Capital pointed out in a blog that stablecoins are a key force in promoting the popularity of cryptocurrency. From accounting for 3% of blockchain transactions in 2020 to over 50% today, stablecoins have achieved significant growth.
Pantera Capital emphasized that stablecoins are the killer value proposition of cryptocurrencies, with adjusted transaction volumes exceeding $5 trillion in 2024, involving nearly 200 million accounts, becoming a breakthrough moment.
Stablecoins are not limited to the DeFi ecosystem, but are also widely used in other fields, especially in emerging markets where they are growing fastest. They provide a 10x value proposition to traditional payment channels and are suitable for B2C payments and B2B cross-border transactions.
According to Juniper Research, cross-border B2B payments through traditional channels will reach approximately $40 trillion in 2024. Stablecoins have become a new means of global cross-border remittances, and the supply and transaction volume of on-chain stablecoins have reached an all-time high.