Stablecoins Emerge as Silent Champions Amid Polymarket’s Explosive Growth: Coinbase Report
While meme coins grab headlines and BTC swings dominate Twitter chatter, stablecoins are quietly stacking wins. Coinbase Research just spotlighted their under-the-radar dominance in Polymarket’s recent surge—proof that boring sometimes beats hype.
No volatility, no drama—just relentless utility. Tether and friends became the backbone of prediction markets while degens chased the next 100x. The irony? These ‘digital dollar’ clones now process more real-world volume than most altcoins combined.
Wall Street’s still pretending stablecoins don’t exist. Meanwhile, they’re eating traditional finance’s lunch—one frictionless cross-border payment at a time.