Stablecoins are rapidly shifting from a crypto trading utility into a piece of ‘core financial infrastructure’, according to new research from a16z crypto research—an evolution the firm says is being driven by clearer regulation, expanding payment use cases, and faster on-chain circulation.
In a recent report built around nine charts mapping how the market is changing, a16z crypto research argues the key story is not just bigger volumes, but a change in what stablecoins are used for. Once primarily a tool to move U.S. dollars between exchanges, stablecoins are increasingly functioning as… Read more
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