Stablecoin Market Surpasses $308 Billion in Capitalization
The stablecoin market has reached a significant milestone, surpassing $308 billion in capitalization. This structural milestone reflects the growing adoption and maturity of stablecoins as a parallel settlement layer for global commerce.
Stablecoins were initially created to solve volatility issues in crypto trading, but their role has expanded significantly. They offer 24/7 global settlement, near-instant cross-border transfers, and reduced reliance on correspondent banking networks.
The market remains heavily concentrated, with two issuers dominating the landscape. However, major collateral models include fiat-collateralized, crypto-collateralized, algorithmic, and commodity-backed stablecoins.