economy
Are stablecoins the future of money, or are they just another crypto fad?
Stablecoin may sound like just another crypto buzzword, but major financial institutions like Visa and Mastercard expect this type of cryptocurrency to become mainstream sooner than you might think. Some analysts estimate the stablecoin market could grow from roughly $300 billion today to $1.45 trillion by 2035.
TL;DR
- Visa and Mastercard expect stablecoins to become mainstream.
- Analysts estimate the stablecoin market could grow to $1.45 trillion by 2035.
- The current stablecoin market is estimated at $300 billion.