The stablecoin market has just crossed a historic milestone: over 300 billion dollars in capitalization. A figure that illustrates the growing power of these dollar-backed cryptocurrencies and their increasingly strategic role.
đ Explosive growth
In just a few months, the market has gone from about 200 billionmore than 300.
The two giants dominate:
đč USDT (Tether) ~174 billion
đč USDC (Circle) ~73 billionTogether, they represent 97.6 % of the market.
In 2024, the volumes of transfers in stablecoins even surpassed those of Visa đł.
đŠ The âTrojan Horseâ of crypto
Once seen merely as a bridge between traditional finance and cryptocurrencies, stablecoins are now viewed as a tool for infiltrating the banking system.
đŹ "Once the rails of stablecoins are integrated, an infinite number of new activities become possible."
In other words: rather than waiting for banks to open up to cryptos, it is the cryptos that are settling in the heart of banks.
đ Target 2 trillion?
With the adoption of the Genius Act in the United States, some experts estimate that the market could rise to 2 trillion dollars within three years đ.
But this success raises concerns in Europe:
â ïž The dominance of dollar-backed stablecoins threatens the monetary sovereignty of the EU.
đȘđș The European Union is therefore considering a digital euro, a project that still divides opinions.
âïž Conclusion
Stablecoins are no longer just a technical tool: they have become the strategic lever that could redefine the relationships between cryptocurrencies and banks. The Trojan Horse is already in the place... and it advances at full speed đđž.
Source: BFMTV
