@lunarbeam
The above image briefly records major historical events in the evolution of stablecoins. Since Tether launched USDT nearly 11 years ago, according to defillama, the global stablecoin market size has approached $260 billion. With the implementation of Hong Kong's Stablecoin Regulation and the expected passage of the US GENIUS Act, the author believes that stablecoin application scenarios will continue to expand, with growth potential in crypto assets, cross-border payments, daily consumer payments, and traditional capital markets. According to calculations by Guotai Haotong Securities, the future scale of stablecoins is expected to reach $3.5 trillion.
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