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International Business Times UK
International Business Times UK
Gracy Chen

Pegged For Success: Stablecoins Bid For Wider Adoption; Increasingly Embraced By Users And Exchanges

Crypto

This year, stablecoins have extended their influence beyond the crypto market. In recent years, the sector experienced significant growth, with the value of the global stablecoin market exceeding $100 billion.

This growth is primarily driven by the growing interest in crypto from traditional institutions: capital inflows into Bitcoin ETFs have set a benchmark, marking the pouring of funds from traditional finance into the crypto industry and bringing up crypto's legitimacy.

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