The global stablecoin supply is projected to reach $1 trillion by the end of 2025, potentially acting as a significant driver for overall cryptocurrency market expansion. CoinFund managing partner David Pakman anticipates a surge in stablecoin adoption, with the possibility of the supply growing from $225 billion to $1 trillion within the current calendar year. This growth, though modest compared to traditional financial markets, could mark a substantial shift for blockchain-based finance. Pakman also highlighted the potential impact of increased capital flowing onchain and rising interest in exchange-traded funds (ETFs) on decentralized finance (DeFi) activities. The aggregate stablecoin supply hit a record high of over $208 billion across the top five stablecoins on March 28, as per Glassnode data. Pakman emphasized the significance of wealth movement onchain, considering it a crucial catalyst that has been absent for over a decade. The stablecoin supply has recently surpassed $219 billion, indicating that the market is likely in the middle of a cycle rather than at the peak of a bull run, according to IntoTheBlock analysts. Additionally, the use of stablecoins for daily payments is increasing, showcasing the efficiency of blockchain transactions. Stablecoin transaction volumes have surged over 22 times since 2021, with a notable decline in the average transaction size, suggesting a shift towards more payment-oriented usage. This trend aligns with observations from CryptoQuant CEO Ki Young Ju, who noted the growing use of stablecoins for remittance payments and as a store of value. However, Ju cautioned that stablecoin supply alone may not drive Bitcoin’s price without additional catalysts.<\/p>\n","protected":false},"excerpt":{"rendered":"
The global stablecoin supply is projected to reach $1 trillion by the end of 2025, potentially acting as a significant driver for overall cryptocurrency market expansion. CoinFund managing partner David Pakman anticipates a surge in stablecoin adoption, with the possibility of the supply growing from $225 billion to $1 trillion within the current calendar year. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/84502"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=84502"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/84502\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=84502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=84502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=84502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}