Why Banks Suddenly Want Stablecoins, and Why It May Matter for You
For most of their first decade, stablecoins lived inside crypto, sitting on exchanges as dry powder between trades. Supply rose from $27 billion at the end of 2020 to more than $300 billion today. A significant portion of that growth now occurs outside the order book. Cross-border flows into the US alone total nearly $127 The post Why Banks Suddenly Want Stablecoins, and Why It May Matter for You appeared first on BeInCrypto.
Key Takeaways
- For most of their first decade, stablecoins lived inside crypto, sitting on exchanges as dry powder between trades.
- Supply rose from $27 billion at the end of 2020 to more than $300 billion today.
- A significant portion of that growth now occurs outside the order book.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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