The current market capitalization of stablecoins is about $260 billion,
It supports the overall crypto market of about $3.8 trillion.
If the total market capitalization of stablecoins grows to $1 trillion in the future,
What is the overall crypto market capitalization?
How high can BTC go?
The on-chain transformation of US stocks is the first step of a new era.
As more and more off-chain assets move on-chain,
the demand for US dollar stablecoins will only continue to rise.
The more stablecoins circulate on-chain,
the stronger the logic for BTC's price increase.
The more stablecoins are issued,
the more US Treasuries will be absorbed by investors.
Besides BTC,
it's Sol,
and finally, memes.
As for the rest,
I won't be looking at them for now.
40.76K
148
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.