Stablecoin transfers quadruple to $891B as US banks expand adoption: Coinbase
- —Stablecoin transfer volume quadrupled to $891 billion
- —Banks and businesses are expanding stablecoin use in payments
- —Stablecoin market cap stayed largely flat over the past year
Why it matters: Rising turnover with flat capitalization suggests stablecoins are shifting from a trading tool to payment infrastructure.
Source: Cointelegraph
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