Stablecoin Gold Rush: A $200 Trillion Opportunity

Stablecoin Gold Rush: A $200 Trillion Opportunity | Rob Hadick – Bankless

Market views

Bullish

STABLES— Stablecoins are experiencing rapid growth in cross-border payments, with an estimated $50 billion per month in transactions and 30% month-over-month growth. There's also an expectation of high demand for USD stablecoins in emerging markets.
CODEX— Dragonfly has recently invested in Codex, a new layer 2 solution for stablecoin payments, with excitement about the project's potential and the founders' experience.
INFRA— Companies with strong business development teams and incentive structures are likely to gain traction in the crypto payment infrastructure space, as exemplified by Solana's success with PayPal.

Bearish

TRADFI— Traditional banks are struggling to innovate and adapt to new technologies like stablecoins, with regional banks facing particular challenges due to consolidation trends and crypto-related disruption.
CIRCLE— Circle faces challenges due to its partnership with Coinbase, which may be limiting its growth and potential.

Not investment advice.