Stablecoin

Token

DeFi

April

<p>The crypto industry is experiencing a spectacular breakthrough, notably thanks to the massive support of stablecoins. In four years, stablecoin transfers have exploded by 1500%, reaching a record monthly volume of $1.68 trillion in April. This massive adoption illustrates the growing confidence of investors and the integration of these assets into traditional financial systems, thus disrupting the global economic landscape.</p> 
<h2 id="h-a-phenomenal-growth-of-stablecoin-transfers">A phenomenal growth of stablecoin transfers</h2> 
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     <p lang="en" dir="ltr">Monthly stablecoin transfer volumes have ~10x'd over the past 4 years.<br><br>From $100B to $1T+ per month.<br><br>Benchmark value from <a href="https://twitter.com/Visa?ref_src=twsrc%5Etfw">@Visa</a>:<br><br>"During our FY23, the Visa network enabled $15 trillion in total volume." – Ryan McInerney, Chief Executive Officer <a href="https://t.co/KxrUyb1IIW">pic.twitter.com/KxrUyb1IIW</a></p>— Token Terminal (@tokenterminal) <a href="https://twitter.com/tokenterminal/status/1803361645592281155?ref_src=twsrc%5Etfw">June 19, 2024</a>
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  Stablecoin transaction volume – Source: Token Terminal (X)
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<p>Since October 2020, the <strong>volume of stablecoin transfers</strong>, a <a href="https://www.cointribune.com/en/crypto-euro-stablecoins-explode-despite-the-eu/" target="_blank" rel="noreferrer noopener">highly valued asset in Europe</a>, has increased 16-fold, from $100 billion to an impressive <strong>$1.68 trillion in April 2024</strong>, states <a href="https://x.com/tokenterminal/status/1803361645592281155" target="_blank" rel="noreferrer noopener">Token Terminal</a>. This growth illustrates the massive adoption of stablecoins, bolstered by their crucial role in crypto trading and providing liquidity on DeFi platforms.</p>
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<p>Despite a slight decrease in May 2024, the overall trend remains positive, supported by the <strong>growing integration of stablecoins into traditional payment networks</strong>. Their combined <strong>market capitalization</strong> has exceeded $162 billion, an <strong>increase of 24%</strong> since January.</p> 
<p>This increase reflects a <strong>renewed confidence from investors</strong>, who see stablecoins as a hedge against cryptocurrency volatility.</p> 
<h2 id="h-stablecoins-a-pillar-of-the-crypto-industry">Stablecoins, a pillar of the crypto industry</h2> 
<p>The rise of stablecoins is not limited to DeFi platforms. They also play <strong>a central role in international payments</strong> and daily transactions.</p> 
<p>Visa reports that about <strong>$3.3 trillion in stablecoins</strong> are exchanged each month, underscoring their growing importance in the global economy.</p> 
<p>Stablecoins offer <strong>a convenient and secure solution</strong> to bypass traditional banking systems, facilitating cross-border payments and wages.</p> 
<p>Moreover, the <strong>regulatory clarity in several jurisdictions</strong> strengthens confidence in these digital assets. However, challenges remain, particularly in governance, operational resilience, and legal compliance.</p> 
<p>The future policy of the United States on stablecoins will be crucial for their continued adoption and their impact on global financial stability.</p> 
<p>The rise of stablecoins is radically transforming the crypto sector. What will be their future role in the global economy?</p>
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Crypto: The rise of stablecoins is transforming the industry

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