Stablecoin Market Reaches $205 Billion as Traditional Firms Join In

TL;DR The stablecoin market reached a value of $205 billion, attracting traditional companies like Visa, PayPal, Stripe, and Revolut. These tokens are pegged to fiat currencies such as the dollar, offering stability against the volatility of other cryptocurrencies. Tether leads the market but must contend with competition from companies like Circle, which have received regulatory ... source: https://crypto-economy.com/stablecoin-market-reaches-205-billion-as-traditional-firms-join-in/