The Stablecoin market ceiling has reached the highest new level (ATH) of $ 226.8 billion this Thursday-until the broader encryption market decreased.
The Santiment report highlights that on March 12, Tether Tether (USDT) activity reached a six -month height, with more than 143,000 USDT portfolio in one day. It is worth noting, since January 1, the total Stablecoin Supply increased by 20.17 billion dollars (+10.9 %), now exceeding $ 205 billion, according to Glassnode data.
Stapcins – successful assets associated with traditional currencies such as the US dollar – as a trusted store of value for investors during the high market fluctuations periods.
As its scope expanded with increased use in the cross -border payments, and with their acquisition and financial acceptance, Coingape speaks exclusively with Mark Boireon, CEO of Polygon Labs in this #Powetalk.sta
With emerging polygon pos like Third Blockchain For Stablecoin’s transactions on the series, Boireon discusses the increasing role of Stablecoins, the advanced organizational scene, and future prospects. It also explores whether Stablecoins can replace traditional payment bars and whether they can coexist with CPDCs in the future.
The CEO of Polygon Labs Marc Boireon begins, “Stablecoins make the fastest and cheapest money transfer across the border – whether you are an individual or action. With the acquisition of the baptized Stablecoins, especially in 2025, they are likely to become a greater withdrawal of traditional financial players, which leads to more opportunities in space. “.
First appears on the Web3 scene in 2014, Stablecoins combines the technological benefits of Blockchain such as transparency, efficiency and programming, with the financial stability needed for rapid dependence in the real world.
This includes FIAT-PEGID Stablecoins such as Tether-PEGID (USDT), USADC; Basic commodities such as Pax Gold (Paxg), Tether Gold (Xaut), and STABLECOINS coded such as Dai (Dai).
Stablecoins move beyond trading and speculation applications
It develops from its mere applications for speculation and trading with Bitusd (on bitshares) and the nature between the first stablecoins, stablecoins appear as a reliable origin of the boundary payments, and transactions from analogs to analogy (P2P).
They enable them to transmit cheap and rapid money transfers across the border, exceeding traditional banking and delaying banking. They also act as a slope by facilitating lending, borrowing cultivation that belongs to many Defi protocols. For example, AAVE & Corpound provides standards based on Stablecoin, enabling users to lend Stablecoins to earn interest or use it as a guarantee of encryption loans.
Stablecoins has moved further than just the trading of encryption-it is now playing a big role in things like border payments, transfers and corporate treasury. During the next few years, I see Stablecoins become a major part of the global financial system.
We already see the maximum market more than 200 billion dollars, but this is just the beginning. To put it in the right quorum, the M2 money supply in the United States is more than 21 trillion dollars, so we are still less than 1 % penetration. “Getting 3 trillion dollars by 2030 is completely within reach, and it will only be about 15 % of the current M2 supplies,” said CEO Mark.
In another new case of StabelCoins UseCases, Binance, Global Crypto Exchange, got an investment of $ 2 billion from Tech Investor MGX, which represents the largest encryption deal made using Stablecoins. With the highlight of the increased tool for Stablecoins in VC boxes and investments as well, Binance Deal followed another $ 82 million financing of Mesh, Coingape said.
Stablecoins will replace traditional payment bars
There is no doubt that Stablecoins provides faster, cheaper and without limits transactions, compared to its traditional counterparts from the bank payment such as Swift and Visa.
While traditional transactions across Swift can take 1-5 working days for stability due to many mediators, because they work on Blockchains networks, they can settle these transactions in seconds to minutes, regardless of geography.
Moreover, the transactions on their part fractures the costs of the adult comparison with traditional payment bars, which implicitly means great cost savings for users.
But with regard to Queston on whether Stablecoins will end up to replace traditional payment systems, Marc CEO says, “Traditional payment systems are to be upgraded, Stablecoins will enter to provide a solution that affects the need. Although they will not replace the current systems overnight, they already provide clear benefits such as the fastest global transactions, and reduce costs, And increased access, making it an increasingly attractive choice.
Moreover, with increasing adoption and development of stablecoins, traditional payment systems can also take signals from it – in order to remain relevant to the quick scenario of without borders. Visa and PayPal already combines USDC & Pyusd for payments, while onyx Blockchain from JPMorgan is used the distinctive dollar for settlements in actual time.
Players enter as stablecoin exporters
In the midst of the increasing acceptance of Stablecoins between organizers all over the world, some of the world’s largest banks and technology accelerated to launch their Stablecoins.
Participants include Bank of America with reference to the bank last month that it explores its Stablecoin version to enhance the efficiency of border payment and reduce the costs of transactions.
“Even companies that are not traditional encryption jump on board. Stablecoin is not only related to making money – it is also a way to attract new users and create stronger societies. For consumers, this means payment options cheaper, faster and more efficient, especially for things like transfers, where traditional systems often reach high fees.
Take a tremendous profit of $ 2.5 billion last year as an example – it is not surprising that many companies are keen to participate. In addition, the organizational scene is in favor of encryption, as the Mika list in Europe provides more clarity and is likely to follow the United States. This combination of profit capabilities and the most obvious rules pushes Stablecoins to the spotlight, and consumers are preparing to take advantage of the improvements to payment systems. “
In 2023, the Paypal Paypal USD (Pyusd), which is the STABLECOIN that was integrated into the USD-PEGGED was merged on the current payment platform while Stripe was recently obtained BRIDEGE, a Stablecoin format, for $ 1.1 billion, to enhance border payment processing capabilities.
Fintech Rebellion, Fintech is also ventured in the Stablecoin sector. It is worth noting, in December 2024, Ripple, the largest exporter in XRP. Stablecoin, RLUSD, associated with US dollars, was also launched after receiving approval from the New York Ministry of Financial Services (NYDFS).
Challenges and advanced organizational environment
Governments and financial organizers around the world still discuss how to classify and organize Stablecoins (such as securities, goods or digital payments). Judicial authorities such as the United States and the European Union have different ways, which makes global compliance difficult.
However, in a recent step that is well angry for the organizational scenario of Stablecoins, the US Senate is scheduled to vote on the “genius law”, a joint bill by Senator Bell Hajari and Kirsten Gilbrand, who seeks to grant federal legitimacy to the Tabriequines and rely on their accreditation.
When it comes to Stablecoin rules, Europe is definitely driving the way with Mika. The United States is likely to follow with its example with an approach that achieves the same goal, and Asia may have its own regulations designed for the region.
Looking at the foreground for a period of five years, I think we will have a well -organized global ecological ecological system with clear rules and criteria. This will open the door to Stablecoins for use in daily retail transactions, just like money or credit cards.
To compete with CBDCS
Some governments are paid for the Central Bank of Central Currencies (CBDCS), but I believe that the private Stablecoins and the CBDC agreement will coexist instead of one from the other. It serves different but complementary roles, and each has its own power points.
It is worth noting that the European Central Bank (ECB) is actively working on the digital euro, which is expected to enter the preparation phase by 2025.
However, China leads the CBDC race with the digital yuan (E-CNY), which was developed by the Chinese People’s Bank (PBOC). It was tried in major cities such as Beijing, Shanghai, Churchhen, and the 2022 winter Olympics in Beijing was the first large -scale international use in Yuan Digital.
Mark says Stablecoins to become a tool every day by 2030
Stablecoins provides efficiency, stability and accessibility in digital financing, but also faces major challenges through organizational, economic and technological fronts. For example, as with all digital assets, stablecoins can provide the risk of money laundering and terrorist financing (ML/TF).
If you have to provide a bold prediction about Stablecoins in 2030, I say they will be a forms of digital payment around the world, with the maximum market that can easily exceed $ 5 trillion. We will see them integrated in almost every main application and financial service, which makes transactions smoother and more efficient for everyone.
Technology is already present, capable of supporting wide use. The main obstacles are organizational and educational. Once these are treated, a rumor method can become a common way, every day, which makes things faster, cheaper and more efficient for consumers.
By 2030, the separation line will disappear between traditional financing and encryption, as Stablecoins plays a major role in bringing ordinary users to the Web3 space. Central banks have adopted private Stablecoins as part of their broader monetary policies, with the benefits they brought at the table.
However, the real game change is how to provide financial services for billions of people currently carrying it by traditional banks. They will be the tool that helps to achieve democracy to reach the global economy, making it easier for people all over the world to participate in the digital financial world. For users, this means the fastest, cheapest and most comprehensive financial services that open opportunities for growth and financial freedom.
Responsibility: This article is an opinion article. The content may include the author’s personal opinion and subject to market conditions. Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
