The $3.7 Trillion Race: How Stablecoins Are Rewriting the Rules of Global Finance
Stablecoins have transitioned from experimental digital assets to foundational infrastructure in global finance, with circulation surpassing $250 billion and annual transaction volumes hitting $33 trillion—quadruple Visa's throughput. The GENIUS Act's bipartisan passage through the U.S. Senate provides the first comprehensive regulatory framework, catalyzing institutional adoption. Analysts project the stablecoin market could reach $3.7 trillion by 2030.
A tectonic power struggle unfolds between Circle's regulated USDC and Tether's agile USDT, with implications for payment architecture and geopolitical influence. Traditional finance giants like Fiserv and PayPal accelerate integration, signaling irreversible mainstream convergence.