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Stablecoins Will Be Bigger Than Bitcoin
Yahoo Finance· 2025-10-22 17:58
Core Insights - The future growth of the cryptocurrency market will be driven by stablecoins, which are modernizing global money movement, rather than Bitcoin [1] - Stablecoins have surpassed Bitcoin in daily transaction volume, with $146 billion in stablecoin transactions compared to Bitcoin's $63.8 billion on October 6 [2] - The utility of stablecoins extends beyond investment, as they are increasingly used for payments and cross-border transactions, positioning them as a key currency for machine-to-machine transactions in the future [3] Stablecoin Utility - Stablecoins are designed for real-world applications, providing a better solution for global payments compared to traditional systems like SWIFT and credit cards [4] - In countries like Venezuela, stablecoins like USDT are essential for daily economic activities amid hyperinflation and a shortage of physical dollars, demonstrating their practical use [5] - The ability of stablecoins to facilitate instant, low-cost peer-to-peer payments makes them more suitable for everyday transactions compared to Bitcoin, which has longer settlement times and higher fees [6] Market Disruption - Stablecoins are disrupting the global remittance market, valued at approximately $780 billion annually, by offering faster and cheaper cross-border transfer options [7]