a16z Says 'Stablecoin' Term Outdated as Digital Dollars Rise

Andreessen Horowitz's crypto arm, a16z, argues that the term 'stablecoin' is becoming obsolete as digital dollars integrate into mainstream finance. According to BeInCrypto, the firm suggests that stability is now a prerequisite rather than a defining feature of these assets. In February 2026, stablecoins surpassed ACH in monthly volume, reaching $7.2 trillion compared to ACH's $6.8 trillion. a16z anticipates a shift towards terms like 'digital dollars' and 'on-chain assets,' reflecting their role in global payments infrastructure. The firm notes that money now behaves like software, embedded in consumer applications.