The growth of stablecoins is remarkable, with the circulating supply nearly doubling in a year, indicating a strong demand for this new financial infrastructure.

Stablecoins offer a way to bypass the regulatory lock-in that traditional institutions have, enabling more direct and efficient access to financial services.

Stablecoins are networks that gain value as more participants join, but currently, 99% of the nodes are highly regulated, limiting access to the network.

Stablecoins represent a significant evolution in the financial system, allowing for new products and services that were previously too complicated or costly to implement.

The future of stablecoins will depend on regulatory clarity and the ability of banks and fintechs to adapt to new payment infrastructures, which could lead to increased market share for those who embrace the change.

Stablecoins can facilitate faster and cheaper transactions, allowing users to earn interest on their funds immediately, unlike traditional banking systems that impose delays and fees.

In lower-income or high-inflation countries, people want to hold stablecoins directly and use them for payments. We need to create a user-friendly experience that integrates stablecoins into existing systems, similar to how Skype allowed users to call landlines from their computers.

The emergence of stable coins as a valuable use case in crypto has led to hundreds of millions of people holding them in their wallets, which will facilitate transactions once merchants start accepting them.

The future of stablecoins is uncertain, but widespread adoption will require incentivizing distribution and creating a competitive marketplace built on decentralized networks.