🚀 Stablecoins Set to Surge? A recent report by Standard Chartered and Zodia Markets suggests stablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions as the sector gains legitimacy. Currently, they make up just 1% in both areas.
- Stablecoins are pegged to assets like the U.S. dollar, offering a steady value.
- U.S. regulation is seen as a catalyst for this growth, especially in cross-border payments.
- Despite slow progress under Biden, regulatory success is anticipated with Trump's administration in 2025.
What do you think? Will stablecoins reshape finance? Share your thoughts below! 💬