#USDT #USDC #FDUSD Stablecoins will continue to grow as the crypto killer use case

Stablecoins aren’t just another crypto product; they’re poised to become the digital backbone of the global financial system. Tether is the most profitable crypto company with a $5.2 billion profit in H1 2024, surpassing BlackRock.

The political landscape is shifting dramatically in favour of stablecoins, with Operation Choke Point 2.0 coming to an end. They are finally being viewed as a national asset that can strengthen the dominance of the U.S. dollar and address growing public debt. This shift also paves the way for major banks and payment companies like Visa and Mastercard to expand their efforts in the sector, especially when you consider Stripe’s acquisition of stablecoin platform Bridge for $1.1 billion (the biggest acquisition in crypto ever) and rumors of Revolut launching its stablecoin.