Anthony Yim (Artemis) on Stablecoin Payments from the Ground Up (EP.629)
Bullish:
- $STABLES - Stablecoins are experiencing rapid growth, especially in B2B payments, with significant potential for further expansion. The market is still in its early stages, with stablecoins currently capturing only a small fraction of the total addressable market.
- $CRYPTOPAY - Crypto payments offer advantages over traditional payment systems, particularly in terms of openness and global accessibility. The speaker's experience with legacy payment systems reinforces their belief in the potential of open finance networks.
- $USDT - Tether dominates the stablecoin payment market, accounting for approximately 90% of all payments by volume according to the study discussed.
- $USDC - USDC shows higher adoption rates in certain regions, particularly in India, suggesting potential for growth in specific markets.