DeFi· ★★★· neutral·

Stablecoin market cap hits $306B, but everyday payments remain the missing link

  • —Stablecoin market cap reaches $306B, up 2% YoY and 74% over 12 months
  • —GSR: demand for fully tokenized RWAs lags behind issuance growth
  • —DWF Labs: the same asset is split across separate liquidity pools by issuer
  • —Ether.fi: USDC holders still need local currency to pay bills
Why it matters: Growing stablecoin supply without integration into everyday payments caps real-world utility and long-term demand.
Source: Digital Today