Stablecoin Surge: How Digital Fiat is Reshaping Global Finance
The post Stablecoin Surge: How Digital Fiat is Reshaping Global Finance appeared on BitcoinEthereumNews.com.
In the past few weeks, stablecoin activity has hit all-time highs, showing a substantial move toward digital currencies that could alter the future of global payments. On-chain volume for stablecoins hit a never-before-seen $72 billion in a single day, the highest level since February. Moreover, the daily active addresses for stablecoins have crossed 300,000, which is a clear sign of real-world adoption of these digital assets in financial activities. In a way, stablecoins are quietly becoming one of the biggest forces in the financial ecosystem. Stablecoin activity is spiking: daily active addresses just exceeded 300k, while on-chain volume hit $72B yesterday, the highest level since February. pic.twitter.com/DCFIUAXY8e — IntoTheBlock (@intotheblock) April 8, 2025 The Rise of Stablecoins: A Shift in Global Finance In recent years, the use of stablecoins—digital currencies designed to maintain a stable value by being pegged to traditional assets like the US dollar—has very much gained momentum. Among the major players are USDT (Tether) and USDC (USD Coin). They see massive growth, absolutely, and in terms of activity on blockchains, Berachain, Tron, and USDT (Tether) see a lot of it. Those three names there—they see a lot of movement relative to stablecoin activity. Activity that, by and large, sees massive success. Stablecoin activity on these chains just saw a lot of movement. This is very good activity for cross-border payments and DeFi. In the past 7 days, stablecoins(USDT&USDC) on #Tron increased by $396M, and stablecoins(USDT&USDC) on #Berachain decreased by $269.56M.https://t.co/yr8wn96ApU pic.twitter.com/y8UY8piIqJ — Lookonchain (@lookonchain) April 7, 2025 The rapid spread of stablecoins brings many effects. Not only are they gaining traction in the cryptocurrency universe, but they are also starting to gain acceptance in the broad arena of financial systems. What is remarkable about the stablecoin is that it offers the faster transaction times of cryptocurrencies, along…
Filed under: News - @ April 10, 2025 5:25 am