2024 was a big year for stablecoins
💰 Fiat-backed stablecoins surged to $161.2B market cap (just shy of 2021’s $181.7B).
🪙 Commodity-backed stablecoins grew 18.1% to $1.3B but remain a fraction of the market.
🌍 8.7M wallets hold stablecoins, with 97% in USDT, USDC, or DAI.
🚀 Fintech giants like PayPal, Visa, Venmo, Revolut & Stripe integrated stablecoins for faster, cheaper payments and global reach.
Excited to see where it goes in 2025